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

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

Caribbean Utilities Stock Performance

Shares of OTCMKTS CUPUF traded down $0.25 during midday trading on Wednesday, hitting $13.30. 1,202 shares of the company’s stock were exchanged, compared to its average volume of 1,261. The company’s 50 day moving average price is $13.95 and its 200 day moving average price is $13.97. Caribbean Utilities has a 12 month low of $10.70 and a 12 month high of $15.01.

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.