CUC announces higher dividend

The Board of Directors of Caribbean Utilities Company has declared an increase in the regular quarterly dividend from US$0.17 to US$0.175 per Class A Ordinary Share.

This represents a 3 percent increase to US$0.70 per share on an annualized basis, the company said in a media release.

The dividend will be payable June 15, 2018 to shareholders of record June 1, 2018.

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