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CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES DECLARATION OF DIVIDEND ON CLASS A ORDINARY SHARES

Community Notices 13 May, 2021 Follow News

CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES DECLARATION OF DIVIDEND ON CLASS A ORDINARY SHARES

CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE.

Caribbean Utilities Company, Ltd. (TSX:CUP.U) (“CUC” or “the Company”) announced today that the Board of Directors has declared a dividend of US$0.175 per Class A Ordinary Share, or an annualized dividend of US$0.70 per share. The dividend will be payable on June 15, 2021 to shareholders of record on June 1, 2021.

CUC provides electricity to Grand Cayman, Cayman Islands, under a non-exclusive Electricity Generation Licence expiring in 2039 and an exclusive Electricity Transmission and Distribution Licence expiring in 2028. Further information is available at www.cuc-cayman.com.


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