Thomas J. Herzfeld Acquires 19,290 Shares of Herzfeld Caribbean Basin Fund, Inc (CUBA) Stock
Herzfeld Caribbean Basin Fund, Inc (NASDAQ:CUBA) Director Thomas J. Herzfeld acquired 19,290 shares of the business’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were purchased at an average price of $7.15 per share, with a total value of $137,923.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Herzfeld Caribbean Basin Fund, Inc (NASDAQ:CUBA) traded up $0.05 during trading on Wednesday, reaching $7.21. 8,303 shares of the company traded hands, compared to its average volume of 11,650. Herzfeld Caribbean Basin Fund, Inc has a 52-week low of $6.40 and a 52-week high of $7.46.
The company also recently disclosed an annual dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, December 7th were given a dividend of $0.118 per share. This represents a yield of 1.68%. The ex-dividend date of this dividend was Wednesday, December 6th.
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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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