Caribbean Utilities Company, Ltd. (CUPUF) to Issue Quarterly Dividend of $0.18 on March 15th

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUFGet Free Report) declared a quarterly dividend on Monday, February 5th, NASDAQ reports. Stockholders of record on Friday, March 1st will be paid a dividend of 0.18 per share on Friday, March 15th. This represents a $0.72 annualized dividend and a dividend yield of 6.37%. The ex-dividend date of this dividend is Thursday, February 29th.

Caribbean Utilities Stock Performance

Shares of OTCMKTS:CUPUF opened at $11.30 on Wednesday. Caribbean Utilities has a 1-year low of $10.65 and a 1-year high of $14.65. The business has a fifty day moving average price of $11.06 and a 200-day moving average price of $11.64.

Caribbean Utilities Company Profile

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Caribbean Utilities Company, Ltd. generates and distributes electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 375 circuit miles of overhead and 111 circuit miles of underground high-voltage transmission and distribution powerlines, and 15 circuit miles of high-voltage submarine transmission cables.

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