Caribbean Utilities Company, Ltd. Announces Quarterly Dividend of $0.19 (OTCMKTS:CUPUF)

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) announced a quarterly dividend on Tuesday, February 11th,NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.185 per share on Friday, March 14th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date is Friday, February 28th.

Caribbean Utilities Stock Performance

CUPUF traded down $0.25 during trading on Wednesday, reaching $13.30. The company had a trading volume of 1,202 shares, compared to its average volume of 1,261. Caribbean Utilities has a 12 month low of $10.70 and a 12 month high of $15.01. The business’s fifty day moving average price is $13.95 and its 200 day moving average price is $13.97.

About Caribbean Utilities

Caribbean Utilities Company, Ltd. engages in the generation, transmission, and distribution of electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 436 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cables.