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Bullboard - Stock Discussion Forum Caribbean Utilities Company Ltd T.CUP.U

Alternate Symbol(s):  CUPUF

Utilities Utilities - Diversified
Caribbean Utilities Company, Ltd. is a Cayman Islands-based company engaged in generating, transmitting, and distributing electricity in its license area of Grand Cayman, Cayman Islands. The Company uses diesel generation to produce electricity for Grand Cayman. Its power system consists of 20 generating units, including 17 diesel engines, two gas turbines and one steam turbine with a combined... see more

TSX:CUP.U - Post Discussion

Caribbean Utilities Company Ltd > Dividend on Class A Ordinary Shares
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Post by Betteryear2 on Nov 09, 2021 8:32pm

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.

GRAND CAYMAN, Cayman Islands, Nov. 9, 2021 /CNW/ - 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 December 15, 2021 to shareholders of record on December 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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