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

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

Caribbean Utilities Price Performance

Shares of OTCMKTS CUPUF remained flat at $13.76 during mid-day trading on Friday. Caribbean Utilities has a fifty-two week low of $10.65 and a fifty-two week high of $14.73. The stock has a 50-day simple moving average of $14.06 and a 200 day simple 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.