Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.97 and traded as low as $13.92. Caribbean Utilities shares last traded at $13.92, with a volume of 510 shares trading hands.
Caribbean Utilities Price Performance
The company’s 50 day moving average is $13.96 and its 200 day moving average is $13.97.
Caribbean Utilities Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Sunday, December 1st were given a dividend of $0.185 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.32%. Caribbean Utilities’s payout ratio is presently 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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