Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) Declares $0.28 Quarterly Dividend

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Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 20th will be paid a dividend of 0.2846 per share by the investment management company on Tuesday, December 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 17.16%. The ex-dividend date of this dividend is Thursday, December 19th.

Shares of CUBA stock traded up $0.08 during trading hours on Wednesday, reaching $6.64. The company’s stock had a trading volume of 1,210 shares, compared to its average volume of 8,369. The firm’s 50 day simple moving average is $6.59 and its 200-day simple moving average is $6.34. Herzfeld Caribbean Basin Fund has a fifty-two week low of $4.79 and a fifty-two week high of $6.80.

Herzfeld Caribbean Basin Fund Company Profile

The Herzfeld Caribbean Basin Fund Inc is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela.

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Dividend History for Herzfeld Caribbean Basin Fund (NASDAQ:CUBA)

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