The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) Plans Quarterly Dividend of $0.23

The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBAGet Free Report) declared a quarterly dividend on Friday, December 20th,Wall Street Journal reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.2325 per share by the investment management company on Monday, January 13th. This represents a $0.93 annualized dividend and a yield of 36.90%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from The Herzfeld Caribbean Basin Fund’s previous quarterly dividend of $0.14.

The Herzfeld Caribbean Basin Fund Stock Down 1.2 %

Shares of CUBA stock opened at $2.52 on Friday. The Herzfeld Caribbean Basin Fund has a one year low of $2.15 and a one year high of $2.95. The company has a 50 day moving average price of $2.46 and a 200 day moving average price of $2.36.

The Herzfeld Caribbean Basin Fund Company Profile

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The Herzfeld Caribbean Basin Fund Inc is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela.

Further Reading

Dividend History for The Herzfeld Caribbean Basin Fund (NASDAQ:CUBA)

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