Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.03 and traded as high as $14.54. Caribbean Utilities shares last traded at $14.20, with a volume of 2,100 shares trading hands.
Caribbean Utilities Trading Up 1.6 %
The firm’s 50-day moving average is $14.03 and its two-hundred day moving average is $13.77.
Caribbean Utilities Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Sunday, September 15th. Stockholders of record on Sunday, September 1st were issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date was Friday, August 30th. Caribbean Utilities’s dividend payout ratio is 94.75%.
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.
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