Business
CUC Announces Declaration of Regular Quarterly Dividend on Class A Ordinary Shares
CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES...
About this update from Caribbean Utilities Co. Ltd. Class A
[{"type":"text","content":"\n\n\n\nCARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR\nTRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE (TRADING\nSYMBOL: CUP.U)\n\n\nGRAND CAYMAN, Cayman Islands, May 5 /CNW/ - Caribbean Utilities Company,\nLtd. ("CUC") announced today that the Board of Directors has declared a\nregular quarterly dividend of US$0.165 per Class A Ordinary Share, or an\nannualized dividend of US$0.66 per share. The dividend will be payable June\n15, 2009 to shareholders of record May 22, 2009.\n\n\nCUC provides electricity to Grand Cayman, Cayman Islands, under a\nnon-exclusive Electricity Generation Licence expiring in 2029 and an exclusive\nElectricity Transmission and Distribution Licence expiring in 2028. Further\ninformation is available at www.cuc-cayman.com.\n\n\nCaribbean Utilities Company, Ltd. ("CUC" or "the Company"), on occasion,\nincludes forward-looking statements in its media releases, Canadian securities\nregulatory authorities filings, shareholder reports and other communications.\nForward-looking statements include statements that are predictive in nature,\ndepend upon future events or conditions, or include words such as "expects",\n"anticipates", "plan", "believes", "estimates", "intends", "targets",\n"projects", "forecasts", "schedule", or negative versions thereof and other\nsimilar expressions, or future or conditional verbs such as "may", "will",\n"should", "would" and "could". Forward-looking statements are based on\nunderlying assumptions and management's beliefs, estimates and opinions, and\nare subject to certain risks and uncertainties surrounding future expectations\ngenerally that may cause actual results to vary from plans, targets and\nestimates. Such risks and uncertainties include but are not limited to general\neconomic, market and business conditions, regulatory developments and weather\nconditions. CUC cautions readers that actual results may vary significantly\nfrom those expected should certain risks or uncertainties materialize or\nshould underlying assumptions prove incorrect. Forward-looking statements are\nprovided for the purpose of providing information about management's current\nexpec...