Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.77 and traded as low as $13.15. Caribbean Utilities shares last traded at $13.21, with a volume of 1,170 shares changing hands.
Caribbean Utilities Price Performance
The business’s fifty day moving average is $13.34 and its two-hundred day moving average is $13.77.
Caribbean Utilities Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.185 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.60%. Caribbean Utilities’s 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.
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