CUC announces declaration of dividend on class a ordinary shares
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, 2020 to shareholders of record on December 1, 2020.
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.