Caribbean Utilities Declares $0.20 Dividend Payable on Dec. 15

Caribbean Utilities Company, Ltd. declared a $0.20 dividend per Class A Ordinary Share, with the Dec. 15 payment set for shareholders of record Dec. 1.

The declared dividend works out to $0.80 per share on an annualized basis. It matches the $0.20 amount set in the company’s August dividend declaration.

Caribbean Utilities generates, transmits and distributes electricity in its licensed area of Grand Cayman in the Cayman Islands. Its Class A shares trade on the Toronto Stock Exchange under the symbol CUP.U.