Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) to Issue $0.19 Quarterly Dividend

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) declared a quarterly dividend on Thursday, November 14th,NASDAQ Dividends reports. Investors of record on Sunday, December 1st will be paid a dividend of 0.185 per share on Sunday, December 15th. This represents a $0.74 annualized dividend and a yield of 5.38%. The ex-dividend date is Friday, November 29th.

Caribbean Utilities Stock Performance

Shares of Caribbean Utilities stock traded up $0.25 on Friday, hitting $13.76. The company had a trading volume of 9,958 shares, compared to its average volume of 1,701. Caribbean Utilities has a 1 year low of $10.65 and a 1 year high of $14.73. The stock has a 50 day moving average of $14.06 and a 200-day moving average of $13.96.

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.