Herzfeld Caribbean Basin Fund, Inc (CUBA) Director Purchases $100,775.00 in Stock
Herzfeld Caribbean Basin Fund, Inc (NASDAQ:CUBA) Director Thomas J. Herzfeld acquired 13,900 shares of the stock in a transaction on Tuesday, January 9th. The shares were acquired at an average price of $7.25 per share, with a total value of $100,775.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Herzfeld Caribbean Basin Fund, Inc (CUBA) traded down $0.01 during mid-day trading on Tuesday, reaching $7.23. 11,394 shares of the company’s stock traded hands, compared to its average volume of 13,150. Herzfeld Caribbean Basin Fund, Inc has a fifty-two week low of $6.41 and a fifty-two week high of $7.46.
The firm also recently disclosed an annual dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, December 7th were given a dividend of $0.118 per share. The ex-dividend date of this dividend was Wednesday, December 6th. This represents a yield of 1.68%.
Herzfeld Caribbean Basin Fund Company Profile
The Herzfeld Caribbean Basin Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to obtain long-term capital appreciation. The Fund pursues its objective by investing primarily in equity and equity-linked securities of public and private companies, including the United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country or that have at least 50% of the value of their assets in a Caribbean Basin Country or that derive at least 50% of their total revenue from operations in a Caribbean Basin Country (collectively, Caribbean Basin Companies).
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