News headlines about Herzfeld Caribbean Basin Fund (NASDAQ:CUBA) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Herzfeld Caribbean Basin Fund earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 45.9672575944489 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Herzfeld Caribbean Basin Fund (NASDAQ CUBA) opened at $7.02 on Wednesday. Herzfeld Caribbean Basin Fund has a 52 week low of $6.40 and a 52 week high of $7.46.

The company also recently declared an annual dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, December 7th will be given a dividend of $0.118 per share. This represents a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, December 6th.

In other news, Director Thomas J. Herzfeld purchased 16,620 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were bought at an average price of $7.04 per share, with a total value of $117,004.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.75% of the company’s stock.

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Herzfeld Caribbean Basin Fund Company Profile

The Herzfeld Caribbean Basin Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s 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, including the United States-based companies, whose securities are traded principally 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 (collectively, Caribbean Basin Companies).

Insider Buying and Selling by Quarter for Herzfeld Caribbean Basin Fund (NASDAQ:CUBA)

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