DIVIDEND ANNOUNCEMENT: Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) on 03/10/2020 declared a dividend of $0.2846 per share

Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) on 03/10/2020 declared a dividend of $ 0.2846 per share payable on March 31, 2020 to shareholders of record as of March 20, 2020.

Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) has paid dividends since 1994, has a current dividend yield of 24.3070354462% and has increased its dividends for 2 successive years.

Herzfeld Caribbean Basin Fund Inc.'s market cap is $ 7,869,820 and has a PE ratio of 0.00. The stock price closed yesterday at $ 4.69 and has a 52 week low/high of $ 4.20 and $ 7.15.

Herzfeld Caribbean Basin Fund is a non-diversified, closed-end management investment company whose 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. The fund invests at least 50% of its total assets in a broad range of securities of issuers including U.S.-based companies, which engage in substantial trade with and derive substantial revenue from operations in the Caribbean Basin Countries. As of June 30 2017, the Fund's total assets were valued at $52,603,309 and the Fund's investment portfolio was valued at $49,061,445.

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