Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.86 and traded as low as $13.18. Caribbean Utilities shares last traded at $13.18, with a volume of 700 shares.
Caribbean Utilities Stock Performance
The firm’s 50 day moving average price is $13.55 and its two-hundred day moving average price is $13.86.
Caribbean Utilities Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.185 per share. The ex-dividend date is Friday, February 28th. This represents a $0.74 annualized dividend and a dividend yield of 5.61%. Caribbean Utilities’s dividend payout ratio is currently 94.75%.
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.
Further Reading
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