Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) Short Interest Update

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is currently 0.0 days.

Caribbean Utilities Price Performance

Shares of CUPUF stock remained flat at $13.00 during trading hours on Friday. 4,800 shares of the stock were exchanged, compared to its average volume of 1,467. Caribbean Utilities has a twelve month low of $11.30 and a twelve month high of $15.01. The firm has a fifty day moving average of $13.73 and a two-hundred day moving average of $13.91.

Caribbean Utilities Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.185 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.69%. Caribbean Utilities’s dividend payout ratio is currently 94.75%.

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.