Caribbean Utilities Company, Ltd.

CUP.U

KYG1899E1465

Electric Utilities

Market Closed - Toronto S.E. Other stock markets 16:05:07 17/05/2024 BST			5-day change	1st Jan Change
13.96 ^USD	-0.21%		-0.36%	+28.07%

05-16	Caribbean Utilities Company, Ltd. Announces Closing of USD 80 Million Private Placement of Senior Unsecured Notes and Inaugural Offering of Green Notes	CI
05-07	Caribbean Utilities Brief: Declaring an increase in Regular quarterly dividend from US$0.18 to US$0.185 per Class A Ordinary Share; Represents a 3% increase to US$0.74 per share on an annualized basis	MT

Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend on Class A Ordinary Share, Payable June 15, 2024

May 07, 2024 at 02:15 pm

Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.18 to USD 0.185 per Class A Ordinary Share. This represents a 3% increase to USD 0.74 per share on an annualized basis. The dividend will be payable June 15, 2024 to shareholders of record June 1, 2024.

Latest news about Caribbean Utilities Company, Ltd.

Caribbean Utilities Company, Ltd. Announces Closing of USD 80 Million Private Placement of Senior Unsecured Notes and Inaugural Offering of Green Notes	05-16	CI
Caribbean Utilities Brief: Declaring an increase in Regular quarterly dividend from US$0.18 to US$0.185 per Class A Ordinary Share; Represents a 3% increase to US$0.74 per share on an annualized basis	05-07	MT
Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend on Class A Ordinary Share, Payable June 15, 2024	05-07	CI
Caribbean Utilities Q1 Earnings, Sales Rise	05-02	MT
Caribbean Utilities Company, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
Caribbean Utilities' Q4 Profit Rises, Revenue Falls; Up 2.7%	02-12	MT
Caribbean Utilities' Q4 Profit Rises, Revenue Falls	02-12	MT
Caribbean Utilities Company, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	02-08	CI
Caribbean Utilities Company, Ltd. Declares a Dividend on Class A Ordinary Share, Payable on March 15, 2024	02-05	CI
Morningstar DBRS Confirms Ratings on Caribbean Utilities	02-05	MT
Caribbean Utilities Names Vice President Of Energy Operations	11-27	MT
Caribbean Utilities Company, Ltd. Announces the Appointment of Dr. Stephen Jay as an Executive Officer of the Company Serving as Vice President of Energy Operations	11-24	CI
Caribbean Utilities Company, Ltd Declares Dividend on Class A Ordinary Shares, Payable on December 15, 2023	11-07	CI
Caribbean Utilities' Q3 Profit Rises, Revenue Falls	30/10/23	MT
Caribbean Utilities Company, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	28/10/23	CI
Caribbean Utilities Brief: Released Overnight Its 2023 Sustainability Update Report	26/09/23	MT
Caribbean Utilities Brief: Says In an Effort to reduce the cost of energy production and reduce carbon emissions, It is seeking qualification submissions from prospective natural gas suppliers	07/09/23	MT
Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on September 15, 2023	24/08/23	CI
Caribbean Utilities Company, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	03/08/23	CI
Caribbean Utilities Company, Ltd. Elects Karen Gosse and Kay Menzies as Director	12/05/23	CI
Transcript : Caribbean Utilities Company, Ltd. - Shareholder/Analyst Call	12/05/23
Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend, Payable on June 15, 2023	11/05/23	CI
Caribbean Utilities' Q1 Profit Drops, Revenue Rises	04/05/23	MT
Caribbean Utilities Company, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	04/05/23	CI
Caribbean Utilities Company, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022	10/02/23	CI

Chart Caribbean Utilities Company, Ltd.

Duration

Period

More charts

Company Profile

Caribbean Utilities Company, Ltd. is a Cayman Islands-based company engaged in generating, transmitting, and distributing electricity in its license area of Grand Cayman, Cayman Islands. The Company uses diesel generation to produce electricity for Grand Cayman. Its power system consists of 20 generating units, including 17 diesel engines, two gas turbines and one steam turbine with a combined capacity of approximately 166 megawatts (MW). In addition, it has four mobile units each with a capacity of about 1.5 MW. Its transmission and distribution system consists of about eight transformer substations, approximately 387 miles of overhead high-voltage (69 kilovolt and 13 kilovolt) and 53.8 miles of underground high-voltage (69 kilovolt and 13 kilovolt) T&D lines and 14 miles of high-voltage submarine cable in Grand Cayman. Its generating plant, transformer substations, office building, hurricane center, warehouse, fuel tanks and garage are all located on approximately 28.6 acres of land.

Sector

Electric Utilities

Calendar

01/08/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Caribbean Utilities Company, Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

18.99 CAD

Average target price

19.11 CAD

Spread / Average Target

+0.61%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electric Utilities

	1st Jan change	Capi.
CARIBBEAN UTILITIES COMPANY, LTD.	+28.07%	532M
NEXTERA ENERGY	+25.27%	156B
SOUTHERN COMPANY	+13.43%	86.97B
IBERDROLA, S.A.	+3.75%	84.24B
DUKE ENERGY CORPORATION	+7.06%	80.18B
ENEL S.P.A.	+1.04%	75.09B
CONSTELLATION ENERGY CORPORATION	+82.32%	67.18B
AMERICAN ELECTRIC POWER COMPANY, INC.	+14.10%	48.85B
DOMINION ENERGY, INC.	+13.81%	44.84B
GE VERNOVA INC.	0.00%	44.57B

Other Electric Utilities