Shares of Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.95 and traded as low as $13.32. Caribbean Utilities shares last traded at $13.32, with a volume of 500 shares changing hands.
Caribbean Utilities Stock Up 0.2 %
The company has a fifty day moving average of $13.85 and a two-hundred day moving average of $13.95.
Caribbean Utilities Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.185 dividend. 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’s payout ratio is 94.75%.
Caribbean Utilities Company Profile
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.
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