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

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) announced a quarterly dividend on Monday, August 26th, NASDAQ reports. Shareholders of record on Sunday, September 1st will be paid a dividend of 0.185 per share on Sunday, September 15th. This represents a $0.74 annualized dividend and a yield of 5.29%. The ex-dividend date is Friday, August 30th.

Caribbean Utilities Stock Performance

Shares of Caribbean Utilities stock remained flat at $14.00 during trading on Thursday. The stock had a trading volume of 500 shares, compared to its average volume of 1,667. The business has a 50 day simple moving average of $13.86 and a two-hundred day simple moving average of $13.40. Caribbean Utilities has a 12-month low of $10.65 and a 12-month high of $14.69.

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.