DIVIDEND ANNOUNCEMENT: Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) on 05/12/2023 declared a dividend of $0.1736 per share

Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) on 05/12/2023 declared a dividend of $ 0.1736 per share payable on June 30, 2023 to shareholders of record as of May 22, 2023.

Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) has paid dividends since 1994, has a current dividend yield of 17.8294582367% and has increased its dividends for 5 successive years.

Herzfeld Caribbean Basin Fund Inc.'s market cap is $ 6,493,860 and has a PE ratio of 0.00. The stock price closed yesterday at $ 3.87 and has a 52 week low/high of $ 3.47 and $ 5.18.

The Herzfeld Caribbean Basin Fund is a closed-end management investment company. The Fund's investment objective is to obtain long-term capital appreciation by investing primarily in equity and equity-linked securities of public and private companies, including United States-based companies: whose securities are traded 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. Under normal conditions, the Fund invests at least 80% of its total assets in equity and equity-linked securities of Caribbean Basin Countries.

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