Herzfeld Caribbean Basin Fund (NASDAQ:CUBA) Shares Cross Above 50-Day Moving Average of $6.36
Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.36 and traded as high as $6.39. Herzfeld Caribbean Basin Fund shares last traded at $6.39, with a volume of 100 shares.
The firm’s 50 day moving average price is $6.36 and its 200-day moving average price is $6.21.
The business also recently disclosed a — dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 20th were paid a $0.2846 dividend. The ex-dividend date was Thursday, September 19th. This represents a dividend yield of 4.3%.
About Herzfeld Caribbean Basin Fund (NASDAQ:CUBA)
The Herzfeld Caribbean Basin Fund Inc is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela.
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