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

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) declared a quarterly dividend on Tuesday, February 11th, NASDAQ Dividends reports. Investors 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 annualized dividend and a dividend yield of 5.56%. The ex-dividend date is Friday, February 28th.

Caribbean Utilities Price Performance

Shares of CUPUF opened at $13.32 on Wednesday. Caribbean Utilities has a one year low of $11.30 and a one year high of $15.01. The firm has a 50-day moving average of $13.79 and a 200-day moving average of $13.93.

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.