Caribbean Utilities Declares US$0.20 Dividend, Payable December 15 to December 1 Holders

Caribbean Utilities Company, Ltd. declared a dividend of US$0.20 per Class A Ordinary Share, equal to US$0.80 per share on an annualized basis, payable December 15, 2026 to shareholders of record on December 1, 2026. The board declaration was announced by Newswire on November 12, 2026.

Caribbean Utilities' Dividend and Licence Terms

Caribbean Utilities Company generates, transmits and distributes electricity in its licence area of Grand Cayman, Cayman Islands. The company holds a 20-year Transmission & Distribution Licence and a 25-year non-exclusive Generation Licence granted by the Cayman Islands Government.

The Transmission & Distribution Licence expires in April 2028 and contains provisions for an automatic 20-year renewal, with the company stating it has a reasonable expectation of renewal until April 2048. The Generation Licence expires in November 2039. The company's Class A Ordinary Shares are listed for trading in United States funds on the Toronto Stock Exchange under the symbol CUP.U.

Caribbean Utilities' Customer Base and Funding Record

According to akta.pro company records, Caribbean Utilities serves more than 33,000 residential, commercial and industrial customers on Grand Cayman under a government licence granted in 1964. The same records show net earnings of $47.4 million for fiscal 2025, an 11% increase of $4.7 million from the prior year, and total funding of $231.3 million, with the last round dated August 19, 2026.

Earnings and Financing Before the Dividend

Caribbean Utilities reported third-quarter 2026 net earnings of $17.5 million, up $1.4 million from the prior year, driven by higher kilowatt sales and lower depreciation, Newswire reported on November 4, 2026. TradingView reported the same quarterly figure as a 9% year-over-year rise, alongside nine-month earnings of $39.8 million.

Newswire reported on August 19, 2026 that the company closed a record US$160 million private placement of senior unsecured notes with institutional investors. On August 1, 2026, Newswire reported second-quarter 2026 net earnings of $15.0 million, up $3.5 million from the prior year, driven by lower depreciation and a rebound in electricity sales.

Caribbean Utilities' December Payment Date

The dividend is scheduled for payment on December 15, 2026, with the record date set at December 1, 2026. Further information is available at the company's website.