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

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) declared 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 of this dividend is Friday, February 28th.

Caribbean Utilities Trading Down 1.8 %

Shares of CUPUF traded down $0.25 during mid-day trading on Wednesday, reaching $13.30. 1,202 shares of the company’s stock traded hands, compared to its average volume of 1,261. The stock’s 50-day moving average is $13.95 and its two-hundred day moving average is $13.97. Caribbean Utilities has a 12 month low of $10.70 and a 12 month high of $15.01.

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.