Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) Increases Dividend to $0.31 Per Share


Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) declared an annual dividend on Wednesday, November 28th, Wall Street Journal reports. Investors of record on Friday, December 7th will be paid a dividend of 0.305 per share by the investment management company on Friday, December 28th. This represents a yield of 5.24%. The ex-dividend date of this dividend is Thursday, December 6th. This is an increase from Herzfeld Caribbean Basin Fund’s previous annual dividend of $0.12.

Herzfeld Caribbean Basin Fund has decreased its dividend payment by an average of 53.0% annually over the last three years.

NASDAQ:CUBA opened at $5.79 on Thursday. Herzfeld Caribbean Basin Fund has a 52 week low of $5.39 and a 52 week high of $7.54.

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