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CUC announces declaration of 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.

Caribbean Utilities Company, Ltd. (CUC) announced on Thu (17) that the Board of Directors has declared a dividend of US$0.165 per Class A Ordinary Share, or an annualized dividend of US$0.66 per share. The dividend will be payable June 15, 2012 to shareholders of record June 4, 2012.

CUC provides electricity to Grand Cayman, Cayman Islands, under a non-exclusive Electricity Generation Licence expiring in 2029 and an exclusive Electricity Transmission and Distribution Licence expiring in 2028.  Further information is available at www.cuc-cayman.com.

 

Read more: http://www.digitaljournal.com/pr/717146#ixzz1vJnerXWj

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