Shares of Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.59 and traded as high as $6.65. Herzfeld Caribbean Basin Fund shares last traded at $6.62, with a volume of 1,063 shares traded.
The firm has a 50-day moving average of $6.59 and a two-hundred day moving average of $6.34.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be given a dividend of $0.2846 per share. The ex-dividend date is Thursday, December 19th. This represents a $1.14 annualized dividend and a dividend yield of 17.17%.
Herzfeld Caribbean Basin Fund Company Profile (NASDAQ:CUBA)
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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