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Caribbean Utilities Company, Ltd. generates and distributes electricity in Grand Cayman, the Cayman Islands. The company generates electricity using diesel. As of December 31, 2021, its installed generating capacity is 161 megawatts. It also operates a transmission and distribution system, including 8 transformer substations with approximately 387 miles of overhead high-voltage, 53.8 miles of underground high-voltage, and 14 miles of high-voltage submarine cables. The company also provides telecommunication services. The company was founded in 1966 and is headquartered in Grand Cayman, the Cayman Islands. Caribbean Utilities Company, Ltd. is a subsidiary of Fortis Energy (Bermuda) Ltd.

Caribbean Utilities Dividend Announcement

Caribbean Utilities announced a quarterly dividend of $0.19 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-08-30
Caribbean Utilities annual dividend for 2024 was $0.55
Caribbean Utilities annual dividend for 2023 was $0.72
Caribbean Utilities's trailing twelve-month (TTM) dividend yield is 5.4%
Caribbean Utilities's payout ratio for the trailing twelve months (TTM) is 64.54%
Caribbean Utilities's dividend growth over the last five years (2018-2023) was 32.51% year

Caribbean Utilities Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30$0.19quarterly2024-09-15
2024-05-31$0.18quarterly2024-06-15
2024-02-29$0.18quarterly2024-03-15
2023-11-30$0.18quarterly2023-12-15
2023-08-31$0.18quarterly2023-09-15
2023-05-31$0.18quarterly2023-06-15
2023-02-28$0.17quarterly2023-03-15
2022-11-30$0.17quarterly2022-12-15
2022-08-31$0.17quarterly2022-09-15
2022-05-31$0.17quarterly2022-06-15
2022-02-28$0.17quarterly2022-03-15
2021-11-30$0.17quarterly2021-12-15
2021-08-31$0.17quarterly2021-09-15
2021-06-01$0.17quarterly2021-06-15
2021-02-26$0.17quarterly2021-03-15
2020-11-30$0.17quarterly2020-12-15
2020-08-31$0.17quarterly2020-09-15
2020-05-29$0.17quarterly
2020-02-27$0.17quarterly2020-03-15
2019-11-29$0.17quarterly2019-12-15
2019-08-29$0.17quarterly2019-09-15
2019-05-30$0.17quarterly2019-06-15
2019-02-28$0.17quarterly2019-03-15
2018-11-29$0.17quarterly2018-12-15
2017-02-28$0.17quarterly2017-03-15
2016-11-30$0.17quarterly
2015-08-31$0.17quarterly
2015-06-01$0.17quarterly
2014-08-28$0.17quarterly
2014-05-30$0.17quarterly
2014-02-27$0.17quarterly

Caribbean Utilities Dividend per year

Caribbean Utilities Dividend growth

Caribbean Utilities Dividend Yield

Caribbean Utilities current trailing twelve-month (TTM) dividend yield is 5.4%. Interested in purchasing Caribbean Utilities stock? Use our calculator to estimate your expected dividend yield:

Caribbean Utilities Financial Ratios

P/E ratio12.95
PEG ratio-13.21
P/B ratio1.56
ROE12.24%
Payout ratio64.54%
Current ratio0.97
Quick ratio0.91
Cash Ratio0.06

Caribbean Utilities Dividend FAQ

How much is the next Caribbean Utilities dividend?
Caribbean Utilities's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Caribbean Utilities dividend. The next Caribbean Utilities dividend will be released in February, May, August, or November.
When is Caribbean Utilities dividend paid?
Caribbean Utilities pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Caribbean Utilities pay?
The specific amount of Caribbean Utilities dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Caribbean Utilities's dividend history.
Does Caribbean Utilities stock pay dividends?
Yes, Caribbean Utilities does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Caribbean Utilities's dividend history.
How much dividend does Caribbean Utilities pay?
Caribbean Utilities paid $0.551 in 2024, $0.715 in 2023, $0.7 in 2022, $0.7 in 2021, and $0.7 in 2020.
How often does Caribbean Utilities pay dividends?
Caribbean Utilities typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Caribbean Utilities's dividend yield?
The current dividend yield for Caribbean Utilities is 5.4%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Caribbean Utilities's exact dividend yield.
When does Caribbean Utilities go ex dividend?
Caribbean Utilities's ex-dividend date for the latest dividend was on 2024-08-30. Caribbean Utilities typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Caribbean Utilities dividend paid?
Caribbean Utilities pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Caribbean Utilities increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Caribbean Utilities will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Caribbean Utilities dividend per share?
Caribbean Utilities paid $0.551 per share in 2024 and $0.715 per share in 2023. The amount of dividend per share that Caribbean Utilities pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Caribbean Utilities a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Caribbean Utilities a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Caribbean Utilities a dividend stock?
Yes, Caribbean Utilities is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Caribbean Utilities a good dividend stock?
Whether Caribbean Utilities is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Caribbean Utilities has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Caribbean Utilities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Caribbean Utilities pay dividends monthly?
Caribbean Utilities typically pays dividends on a quarterly basis.
Does Caribbean Utilities pay dividends quarterly?
Caribbean Utilities currently pays dividends on a quarterly basis.
Has Caribbean Utilities ever paid a dividend?
Yes, Caribbean Utilities has a history of paying dividends to its shareholders. Caribbean Utilities is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Caribbean Utilities dividend stocks?
To buy Caribbean Utilities you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Caribbean Utilities stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Caribbean Utilities pay dividends 2024?
Caribbean Utilities pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Caribbean Utilities increase its dividend in 2024?
Decisions regarding Caribbean Utilities dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Caribbean Utilities dividend overview you can look into the above table of dividend history.
How Caribbean Utilities dividend works?
The Caribbean Utilities dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Caribbean Utilities's dividend process works:

1. Determination of Dividend: Caribbean Utilities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Caribbean Utilities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Caribbean Utilities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Caribbean Utilities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Caribbean Utilities dividends paid?
Caribbean Utilities dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Caribbean Utilities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Caribbean Utilities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Caribbean Utilities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Caribbean Utilities pay dividends?
Caribbean Utilities typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Caribbean Utilities pay dividends?
The general pattern is that Caribbean Utilities pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Caribbean Utilities dividend safe?
The safety of Caribbean Utilities's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Caribbean Utilities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Caribbean Utilities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.