Caribbean Utilities Company (CUP.U) 주식 개요는 그랜드 케이맨에서 전기를 생산, 송전 및 배급하는 회사로, 캐리비안 유틸리티 컴퍼니(Caribbean Utilities Company, Ltd.)에 소속되어 있습니다. 자세히 보기CUP.U 펀더멘털 분석스노우플레이크 점수가치 평가5/6미래 성장2/6과거 실적3/6재무 건전성1/6배당2/6강점공정 가치 추정치보다 낮은 58.5% 에서 거래수익은 매년 5.98% 증가할 것으로 예상됩니다.지난 5년 동안 수입이 매년 11.6% 증가했습니다.동종업계 및 업계 대비 좋은 가치로 거래위험 분석이자 지급액이 수익으로 잘 충당되지 않음5.43% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기CUP.U Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$14.008.2% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0439m2016201920222025202620282031Revenue US$439.5mEarnings US$70.5mAdvancedSet Fair ValueView all narrativesCaribbean Utilities Company, Ltd. 경쟁사EmeraSymbol: TSX:EMAMarket cap: CA$22.5bHydro OneSymbol: TSX:HMarket cap: CA$35.5bFortisSymbol: TSX:FTSMarket cap: CA$39.7bSuperior PlusSymbol: TSX:SPBMarket cap: CA$1.7b가격 이력 및 성과Caribbean Utilities Company 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$14.0052주 최고가US$15.9952주 최저가US$12.60베타0.171개월 변동-1.69%3개월 변동4.09%1년 변동3.32%3년 변동4.48%5년 변동-4.24%IPO 이후 변동5.50%최근 뉴스 및 업데이트Declared Dividend • May 14First quarter dividend increased to US$0.20Dividend of US$0.20 is 5.3% higher than last year. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 12Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on June 15, 2026Caribbean Utilities Company, Ltd. .announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.19 to USD 0.20 per Class A Ordinary Share. This represents a 5% increase from USD 0.76 to USD 0.80 per share on an annualized basis. The dividend is payable on June 15, 2026 to shareholders of record on June 1, 2026.Reported Earnings • May 07First quarter 2026 earnings released: EPS: US$0.17 (vs US$0.18 in 1Q 2025)First quarter 2026 results: EPS: US$0.17 (down from US$0.18 in 1Q 2025). Revenue: US$65.4m (up 3.6% from 1Q 2025). Net income: US$7.09m (down 5.3% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Mar 11Caribbean Utilities Company, Ltd Welcomes Regulatory Approval of the Certificate of Need by the Utility Regulation and Competition OfficeCaribbean Utilities Company, Ltd. welcomed approval of the Certificate of Need ("CON") by the Utility Regulation and Competition Office ("URCO" or the "Regulator"), paving the way for increased generation capacity to support Grand Cayman's continued growth. URCO has approved CUC's revised CON, submitted on February 10, 2026. The CON identifies Grand Cayman's future electricity needs, and establishes the requirements for the development of 94 megawatts ("MW") of additional generation capacity. The required capacity has been structured into three distinct capacity blocks, allowing for the participation of alternate generation technologies and resources in meeting the electricity generation needs. Under its Transmission and Distribution licence, CUC is required to submit a CON to the Regulator to outline projected electricity demand. Following this submission, the Regulator will launch a competitive procurement process to secure new generation resources needed to meet future demand. CUC continues to make significant investments in the reliability and resilience of Grand Cayman's electricity system, investing as much as USD 100 million annually to serve the households, businesses, and communities that rely on it. Since 2020, these investments have contributed to a 50% reduction in outage time.Upcoming Dividend • Feb 26Upcoming dividend of US$0.19 per shareEligible shareholders must have bought the stock before 02 March 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (2.7%).공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026.더 많은 업데이트 보기Recent updatesDeclared Dividend • May 14First quarter dividend increased to US$0.20Dividend of US$0.20 is 5.3% higher than last year. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 12Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on June 15, 2026Caribbean Utilities Company, Ltd. .announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.19 to USD 0.20 per Class A Ordinary Share. This represents a 5% increase from USD 0.76 to USD 0.80 per share on an annualized basis. The dividend is payable on June 15, 2026 to shareholders of record on June 1, 2026.Reported Earnings • May 07First quarter 2026 earnings released: EPS: US$0.17 (vs US$0.18 in 1Q 2025)First quarter 2026 results: EPS: US$0.17 (down from US$0.18 in 1Q 2025). Revenue: US$65.4m (up 3.6% from 1Q 2025). Net income: US$7.09m (down 5.3% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Mar 11Caribbean Utilities Company, Ltd Welcomes Regulatory Approval of the Certificate of Need by the Utility Regulation and Competition OfficeCaribbean Utilities Company, Ltd. welcomed approval of the Certificate of Need ("CON") by the Utility Regulation and Competition Office ("URCO" or the "Regulator"), paving the way for increased generation capacity to support Grand Cayman's continued growth. URCO has approved CUC's revised CON, submitted on February 10, 2026. The CON identifies Grand Cayman's future electricity needs, and establishes the requirements for the development of 94 megawatts ("MW") of additional generation capacity. The required capacity has been structured into three distinct capacity blocks, allowing for the participation of alternate generation technologies and resources in meeting the electricity generation needs. Under its Transmission and Distribution licence, CUC is required to submit a CON to the Regulator to outline projected electricity demand. Following this submission, the Regulator will launch a competitive procurement process to secure new generation resources needed to meet future demand. CUC continues to make significant investments in the reliability and resilience of Grand Cayman's electricity system, investing as much as USD 100 million annually to serve the households, businesses, and communities that rely on it. Since 2020, these investments have contributed to a 50% reduction in outage time.Upcoming Dividend • Feb 26Upcoming dividend of US$0.19 per shareEligible shareholders must have bought the stock before 02 March 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (2.7%).공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026.Reported Earnings • Feb 19Full year 2025 earnings: EPS in line with expectations, revenues disappointFull year 2025 results: EPS: US$1.10 (up from US$1.08 in FY 2024). Revenue: US$284.0m (down 3.3% from FY 2024). Net income: US$46.3m (up 11% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.분석 기사 • Feb 13Caribbean Utilities Company (TSE:CUP.U) Is Paying Out A Dividend Of $0.19The board of Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.19 per...Declared Dividend • Feb 12Third quarter dividend of US$0.19 announcedShareholders will receive a dividend of US$0.19. Ex-date: 2nd March 2026 Payment date: 16th March 2026 Dividend yield will be 5.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 7.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 07Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on March 16, 2026Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.19 per Class A Ordinary Share, or an annualized dividend of USD 0.76 per share. The dividend will be payable on March 16, 2026 to shareholders of record on March 2, 2026.Declared Dividend • Nov 24Third quarter dividend of US$0.19 announcedShareholders will receive a dividend of US$0.19. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.4% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Nov 21Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on December 15, 2025Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.19 per Class A Ordinary Share, or an annualized dividend of USD 0.76 per share. The dividend will be payable on December 15, 2025 to shareholders of record on December 1, 2025.New Risk • Nov 16New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: US$0.38 (vs US$0.38 in 3Q 2024)Third quarter 2025 results: EPS: US$0.38 (up from US$0.38 in 3Q 2024). Revenue: US$75.9m (down 5.9% from 3Q 2024). Net income: US$16.0m (up 12% from 3Q 2024). Profit margin: 21% (up from 18% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Sep 20Caribbean Utilities Company, Ltd. Submits New Certificate of Need to Utility Regulation and Competition Office for Grand Cayman Grid ExpansionOn August 1, 2025, Caribbean Utilities Company, Ltd. (CUC) announced an agreed approach with the Utility Regulation and Competition Office (URCO) to address the pressing demand for increased generating capacity in Grand Cayman. As part of this strategic alignment, CUC committed to withdraw its initial Certificate of Need (CON) submitted on June 7, 2024. In conjunction with this withdrawal, URCO formally rescinded its Final Determination on CUC's Certificate of Need issued on April 24, 2025. A key feature of this agreement was that solar generation coupled with battery storage may be able to provide firm capacity subject to industry standard analysis. In alignment with the recently established agreement, CUC confirmed the submission of a new CON to the regulator for formal review. This updated filing outlines the generation resource requirements essential to meet Grand Cayman's projected energy demand with a need for additional generation capacity to be in place by 2027. CUC's submission includes a comprehensive system analysis, detailed load forecasts, and operational benchmarking designed to ensure sufficient capacity and energy availability by June 2027. The timeframe for supply of the needed capacity is very short, and it is likely that interim measures may need to be taken to fulfil the needs of the grid in the short term. The new submission differs from the prior document in that the generation capacity and reliability requirements are outlined but no specific technology is recommended. Instead, it is anticipated that URCO will issue a Request for Proposal (RFP) and bidders will be allowed to propose alternate resource solutions to meet that need. CUC conducted additional analyses to provide URCO with an example methodology to evaluate the potential contribution of alternate generation solutions, such as the Dispatchable Solar Photovoltaic (DPV) project, which was recently issued as a request for proposal, to support forecasted load requirements. Through continued collaboration, innovation, and investment in sustainable technologies, CUC is dedicated to building a resilient energy future that promotes economic prosperity, environmental stewardship, and ensures affordable, equitable access to energy for all. As move forward, CUC remains focused on delivering solutions that meet today's challenges while laying the foundation for a cleaner, more sustainable tomorrow.공시 • Aug 28Caribbean Utilities Company, Ltd. announces Quarterly dividend, payable on September 15, 2025Caribbean Utilities Company, Ltd. announced Quarterly dividend of USD 0.1900 per share payable on September 15, 2025, ex-date on August 29, 2025 and record date on September 01, 2025.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 23%After last week's 23% share price gain to US$15.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Electric Utilities industry in North America. Total returns to shareholders of 20% over the past three years.New Risk • Aug 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: US$0.27 (vs US$0.26 in 2Q 2024)Second quarter 2025 results: EPS: US$0.27 (up from US$0.26 in 2Q 2024). Revenue: US$69.4m (down 1.9% from 2Q 2024). Net income: US$11.3m (up 13% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 29Upcoming dividend of US$0.19 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 5.7%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (3.1%).분석 기사 • May 16Caribbean Utilities Company's (TSE:CUP.U) Earnings Are Of Questionable QualityCaribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) robust earnings report didn't manage to move the market for its...Declared Dividend • May 15First quarter dividend increased to US$0.19Dividend of US$0.19 is 2.7% higher than last year. Ex-date: 2nd June 2025 Payment date: 16th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.공시 • May 12Caribbean Utilities Company, Ltd Announces Increase in Dividend on Class A Ordinary Shares, Payable June 16, 2025Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.185 to USD 0.19 per Class A Ordinary Share. This represents a 3% increase to USD 0.76 per share on an annualized basis. The dividend will be payable June 16, 2025 to shareholders of record June 2, 2025.Reported Earnings • May 09First quarter 2025 earnings released: EPS: US$0.18 (vs US$0.16 in 1Q 2024)First quarter 2025 results: EPS: US$0.18 (up from US$0.16 in 1Q 2024). Revenue: US$63.1m (down 8.2% from 1Q 2024). Net income: US$7.49m (up 24% from 1Q 2024). Profit margin: 12% (up from 8.8% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • May 05Increases to Caribbean Utilities Company, Ltd.'s (TSE:CUP.U) CEO Compensation Might Cool off for nowKey Insights Caribbean Utilities Company's Annual General Meeting to take place on 12th of May Salary of US$352.5k is...분석 기사 • Feb 26Caribbean Utilities Company's (TSE:CUP.U) Dividend Will Be $0.185Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will pay a dividend of $0.185 on the 14th of March. This means the...공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2025Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2025.Reported Earnings • Feb 16Full year 2024 earnings released: EPS: US$1.08 (vs US$1.00 in FY 2023)Full year 2024 results: EPS: US$1.08 (up from US$1.00 in FY 2023). Revenue: US$293.7m (up 2.2% from FY 2023). Net income: US$41.7m (up 11% from FY 2023). Profit margin: 14% (up from 13% in FY 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 15Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 28th February 2025 Payment date: 14th March 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 13Caribbean Utilities Company Declares Dividend on Class A Ordinary Shares, Payable on March 14, 2025Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.185 per Class A Ordinary Share, or an annualized dividend of USD 0.74 per share. The dividend will be payable on March 14, 2025 to shareholders of record on February 28, 2025.Declared Dividend • Nov 18Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 29th November 2024 Payment date: 15th December 2024 Dividend yield will be 5.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 15Caribbean Utilities Company, Ltd. Declares Dividend, Payable on December 15, 2024Caribbean Utilities Company, Ltd. announced that the board of directors has declared a dividend of USD 0.185 per Class A Ordinary Share, or an annualized dividend of USD 0.74 per share. The dividend will be payable on December 15, 2024 to shareholders of record on December 1, 2024.분석 기사 • Nov 13Caribbean Utilities Company's (TSE:CUP.U) Solid Earnings May Rest On Weak FoundationsCaribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) healthy profit numbers didn't contain any surprises for investors. We...Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.37 in 3Q 2023)Third quarter 2024 results: EPS: US$0.38 (up from US$0.37 in 3Q 2023). Revenue: US$80.7m (up 9.7% from 3Q 2023). Net income: US$14.3m (up 3.7% from 3Q 2023). Profit margin: 18% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.분석 기사 • Aug 30Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.185The board of Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.185 per...Declared Dividend • Aug 29Second quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 30th August 2024 Payment date: 15th September 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 6.1% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Aug 27Caribbean Utilities Company, Ltd. Declares Dividend on Class A Ordinary Share, Payable on September 15, 2024Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.185 per Class A Ordinary Share, or an annualized dividend of USD 0.74 per share. The dividend will be payable on September 15, 2024 to shareholders of record on September 1, 2024.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.26 (vs US$0.26 in 2Q 2023)Second quarter 2024 results: EPS: US$0.26 (up from US$0.26 in 2Q 2023). Revenue: US$70.8m (up 4.3% from 2Q 2023). Net income: US$10.0m (up 1.3% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Nominee Stuart Lochray was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 24Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 15 June 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (3.3%).분석 기사 • May 21Caribbean Utilities Company (TSE:CUP.U) Is Paying Out A Larger Dividend Than Last YearCaribbean Utilities Company, Ltd. ( TSE:CUP.U ) will increase its dividend on the 15th of June to $0.185, which is 2.8...공시 • May 17Caribbean Utilities Company, Ltd. announced that it has received $80 million in fundingCaribbean Utilities Company, Ltd. announced that it has issued $40 million 6.17% Senior Unsecured Green Notes due May 15, 2039, $10 million 6.37% Senior Unsecured Green Notes due May 15, 2049, and $30 million 6.37% Senior Unsecured Notes due May 15, 2049, for gross proceeds of $80 million on May 15, 2024. The debt transaction included participation from institutional investors. The Notes will not be registered under the United States Securities Act of 1933 (the "Securities Act") as amended, nor will they be registered under any state securities laws. Unless so registered, the notes may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.Declared Dividend • May 10First quarter dividend increased to US$0.18Dividend of US$0.18 is 2.8% higher than last year. Ex-date: 31st May 2024 Payment date: 15th June 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years and payments have been stable during that time. EPS is expected to grow by 3.4% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 08Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend on Class A Ordinary Share, Payable June 15, 2024Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.18 to USD 0.185 per Class A Ordinary Share. This represents a 3% increase to USD 0.74 per share on an annualized basis. The dividend will be payable June 15, 2024 to shareholders of record June 1, 2024.Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$0.16 (vs US$0.14 in 1Q 2023)First quarter 2024 results: EPS: US$0.16 (up from US$0.14 in 1Q 2023). Revenue: US$68.7m (down 3.3% from 1Q 2023). Net income: US$6.05m (up 19% from 1Q 2023). Profit margin: 8.8% (up from 7.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Feb 27Caribbean Utilities Company, Ltd., Annual General Meeting, May 07, 2024Caribbean Utilities Company, Ltd., Annual General Meeting, May 07, 2024.Upcoming Dividend • Feb 22Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (3.7%).분석 기사 • Feb 16Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings AreDespite posting some strong earnings, the market for Caribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) stock hasn't...Major Estimate Revision • Feb 16Consensus revenue estimates increase by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$262.0m to US$293.0m. EPS estimate unchanged at US$1.04. Net income forecast to grow 6.1% next year vs 13% growth forecast for Electric Utilities industry in Canada. Consensus price target down from US$13.30 to US$12.38. Share price rose 2.8% to US$11.51 over the past week.분석 기사 • Feb 15Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) RevenuesShareholders in Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) may be thrilled to learn that the covering analyst has...New Risk • Feb 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Feb 11Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$1.00 (up from US$0.86 in FY 2022). Revenue: US$287.2m (up 7.4% from FY 2022). Net income: US$37.7m (up 17% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is expected to decline by 3.2% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.분석 기사 • Feb 09Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18Caribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) investors are due to receive a payment of $0.18 per share on 15th of...Declared Dividend • Feb 08Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years and payments have been stable during that time. EPS is expected to grow by 8.3% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 06Caribbean Utilities Company, Ltd. Declares a Dividend on Class A Ordinary Share, Payable on March 15, 2024Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.18 per Class A Ordinary Share, or an annualized dividend of USD 0.72 per share. The dividend will be payable on March 15, 2024 to shareholders of record on March 1, 2024.공시 • Nov 25Caribbean Utilities Company, Ltd. Announces the Appointment of Dr. Stephen Jay as an Executive Officer of the Company Serving as Vice President of Energy OperationsCaribbean Utilities Company, Ltd. announced the appointment of Dr. Stephen Jay as an Executive Officer of the Company serving as Vice President of Energy Operations. Dr. Jay holds a doctorate in Electrical and Mechanical Engineering and brings a wealth of knowledge with over 30 years' experience in strategy development, asset management, electricity markets and regulation, renewable generation development and technological innovation. Prior to his appointment with CUC, Dr. Jay was with Transpower New Zealand Ltd. as the Executive GeneralManager Operations. Dr. Jay has a wealth of experience including strong leadership skills, activecollaboration with the New Zealand market regulator including the development of renewable energy systems, andassistance with positioning the country for a lower carbon emission future. As the President of the Electricity Engineers Association, a national not-for-profit organization thatrepresents the self-governance, safety and asset management best practice for the generation, distribution andtransmission companies in New Zealand; Dr. Jay provided insight into renewable energy thought leadership,technology integration and asset management.Upcoming Dividend • Nov 24Upcoming dividend of US$0.18 per share at 6.3% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.3%. Lower than top quartile of Canadian dividend payers (6.7%). Higher than average of industry peers (3.8%).분석 기사 • Nov 11Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will pay a dividend of $0.18 on the 15th of December. This means the...공시 • Nov 08Caribbean Utilities Company, Ltd Declares Dividend on Class A Ordinary Shares, Payable on December 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.18 per Class A Ordinary Share, or an annualized dividend of USD 0.72 per share. The dividend will be payable on December 15, 2023 to shareholders of record on December 1, 2023.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: US$0.37 (vs US$0.28 in 3Q 2022)Third quarter 2023 results: EPS: US$0.37 (up from US$0.28 in 3Q 2022). Revenue: US$73.6m (down 6.9% from 3Q 2022). Net income: US$13.8m (up 34% from 3Q 2022). Profit margin: 19% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.1% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.분석 기사 • Aug 29Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.18 per share on the...공시 • Aug 25Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on September 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.18 per Class A Ordinary Share, or an annualized dividend of USD 0.72 per share. The dividend will be payable on September 15, 2023 to shareholders of record on September 1, 2023.Reported Earnings • Aug 04Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: US$67.9m (up 17% from 2Q 2022). Net income: US$9.99m (up 22% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is expected to decline by 4.7% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.3%.Upcoming Dividend • May 24Upcoming dividend of US$0.18 per share at 5.2% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 15 June 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (3.5%).분석 기사 • May 15Caribbean Utilities Company (TSE:CUP.U) Has Announced That It Will Be Increasing Its Dividend To $0.18Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will increase its dividend on the 15th of June to $0.18, which is 2.9...공시 • May 13Caribbean Utilities Company, Ltd. Elects Karen Gosse and Kay Menzies as DirectorCaribbean Utilities Company, Ltd. at the Annual General Meeting of Shareholders held on May 12, 2023, elected Ms. Karen Gosse and Ms. Kay Menzies to serve as directors.공시 • May 11Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend, Payable on June 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.175 to USD 0.18 per Class A Ordinary Share. This represents a 3% increase to USD 0.72 per share on an annualized basis. The dividend will be payable June 15, 2023 to shareholders of record June 1, 2023.Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$0.14 (vs US$0.14 in 1Q 2022)First quarter 2023 results: EPS: US$0.14 (down from US$0.14 in 1Q 2022). Revenue: US$71.1m (up 38% from 1Q 2022). Net income: US$5.10m (down 5.1% from 1Q 2022). Profit margin: 7.2% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Feb 21Upcoming dividend of US$0.17 per share at 5.0% yieldEligible shareholders must have bought the stock before 28 February 2023. Payment date: 15 March 2023. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (3.4%).분석 기사 • Feb 18Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.175Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will pay a dividend of $0.175 on the 15th of March. Based on this...공시 • Feb 18Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2023Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2023.Reported Earnings • Feb 12Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: US$0.86 (up from US$0.79 in FY 2021). Revenue: US$267.3m (up 35% from FY 2021). Net income: US$32.2m (up 9.7% from FY 2021). Profit margin: 12% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Feb 07Caribbean Utilities Company, Ltd. Declares Dividend on Class A Ordinary Share, Payable on March 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on March 15, 2023 to shareholders of record on March 1, 2023.Upcoming Dividend • Nov 23Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (3.3%).공시 • Nov 16Caribbean Utilities Company, Ltd. announced that it has received $80 million in fundingCaribbean Utilities Co. Ltd. announced closing of a private placement of senior unsecured notes for gross proceeds of $80 million with institutional investors from United States on November 15, 2022. he company will issued 5.88% senior unsecured notes due November 15, 2052. The notes will not be registered under the United States Securities Act of 1933.공시 • Nov 09Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares payable on December 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of $0.175 per Class A Ordinary Share, or an annualized dividend of $0.70 per share. The dividend will be payable on December 15,2022 to shareholders of record on December 1, 2022.Major Estimate Revision • Nov 04Consensus revenue estimates increase by 21%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from US$216.0m to US$261.0m. EPS estimate increased from US$0.86 to US$0.88 per share. Net income forecast to grow 12% next year vs 8.8% growth forecast for Electric Utilities industry in Canada. Consensus price target up from US$14.59 to US$15.52. Share price fell 3.4% to US$14.30 over the past week.분석 기사 • Nov 04Broker Revenue Forecasts For Caribbean Utilities Company, Ltd. (TSE:CUP.U) Are Surging HigherCaribbean Utilities Company, Ltd. ( TSE:CUP.U ) shareholders will have a reason to smile today, with the covering...Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: US$0.28 (vs US$0.27 in 3Q 2021)Third quarter 2022 results: EPS: US$0.28 (up from US$0.27 in 3Q 2021). Revenue: US$79.0m (up 41% from 3Q 2021). Net income: US$10.3m (up 3.2% from 3Q 2021). Profit margin: 13% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Aug 24Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (2.9%).분석 기사 • Aug 14Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.175The board of Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.175 per...분석 기사 • Aug 10We Like Caribbean Utilities Company's (TSE:CUP.U) Earnings For More Than Just Statutory ProfitThe recent earnings posted by Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) were solid, but the stock didn't move as...공시 • Aug 10Caribbean Utilities Company, Ltd. Declares Dividend, Payable on September 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on September 15, 2022 to shareholders of record on September 1, 2022.Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.22 (vs US$0.23 in 2Q 2021)Second quarter 2022 results: EPS: US$0.22 (down from US$0.23 in 2Q 2021). Revenue: US$58.2m (up 21% from 2Q 2021). Net income: US$8.20m (down 3.0% from 2Q 2021). Profit margin: 14% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.0%, compared to a 4.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year.Upcoming Dividend • May 24Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Canadian dividend payers (4.9%). Higher than average of industry peers (3.1%).공시 • May 12Caribbean Utilities Company, Ltd. Announces Board ChangesCaribbean Utilities Company, Ltd. at its AGM held on May 10, 2022 appointed Ms. Jennifer Frizzelle to serve as director until the next annual meeting of the Company or until their successors are elected or appointed. The Chairman of the Board of Directors, Mr. David Ritch, and long term director Mr. Peter Thomson, retired from service as directors on the Board at the AGSM. At a meeting of the new Board of Directors that followed the AGSM, Mrs. Sheree L. Ebanks was appointed as the new Chair of the Board. Mrs. Ebanks was elected as a member of the Board of Directors in May 2014 and was appointed as Chair of the Audit Committee of the Board in May 2020.공시 • May 10Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on June 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on June 15, 2022 to shareholders of record on June 1, 2022.Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.14 (up from US$0.087 in 1Q 2021). Revenue: US$51.6m (up 33% from 1Q 2021). Net income: US$5.37m (up 67% from 1Q 2021). Profit margin: 10% (up from 8.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Over the next year, revenue is forecast to grow 4.0%, compared to a 5.3% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Gretchen Holloway was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 10, 2022Caribbean Utilities Company, Ltd., Annual General Meeting, May 10, 2022.Upcoming Dividend • Feb 22Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 28 February 2022. Payment date: 15 March 2022. Payout ratio is on the higher end at 89% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Canadian dividend payers (4.9%). Higher than average of industry peers (3.3%).Reported Earnings • Feb 12Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: US$0.79 (up from US$0.73 in FY 2020). Revenue: US$198.5m (up 12% from FY 2020). Net income: US$29.3m (up 17% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 7.8%, compared to a 3.6% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.공시 • Feb 08Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on March 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on March 15, 2022 to shareholders of record on March 1, 2022.Upcoming Dividend • Nov 23Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 30 November 2021. Payment date: 15 December 2021. Trailing yield: 4.7%. Within top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (3.2%).Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS US$0.27 (vs US$0.30 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$56.1m (up 28% from 3Q 2020). Net income: US$10.1m (down 1.4% from 3Q 2020). Profit margin: 18% (down from 23% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 24Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 15 September 2021. Trailing yield: 4.7%. Within top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (3.1%).Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$203.6m to US$195.8m. EPS estimate rose from US$0.70 to US$0.78. Net income forecast to grow 4.3% next year vs 6.1% growth forecast for Electric Utilities industry in Canada. Consensus price target broadly unchanged at US$14.26. Share price fell 6.2% to US$14.75 over the past week.Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS US$0.23 (vs US$0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$48.3m (up 7.1% from 2Q 2020). Net income: US$8.45m (up 92% from 2Q 2020). Profit margin: 18% (up from 9.7% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year.주주 수익률CUP.UCA Electric UtilitiesCA 시장7D-2.1%3.4%2.5%1Y3.3%13.5%33.9%전체 주주 수익률 보기수익률 대 산업: CUP.U은 지난 1년 동안 13.5%의 수익을 기록한 Canadian Electric Utilities 산업보다 저조한 성과를 냈습니다.수익률 대 시장: CUP.U은 지난 1년 동안 33.9%를 기록한 Canadian 시장보다 저조한 성과를 냈습니다.주가 변동성Is CUP.U's price volatile compared to industry and market?CUP.U volatilityCUP.U Average Weekly Movement4.1%Electric Utilities Industry Average Movement2.8%Market Average Movement10.2%10% most volatile stocks in CA Market17.7%10% least volatile stocks in CA Market3.9%안정적인 주가: CUP.U는 지난 3개월 동안 Canadian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: CUP.U의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1966298J. F. Hewwww.cuc-cayman.com는 그랜드 케이맨에서 전기를 생산, 송전 및 배전하는 회사입니다. 이 회사는 총 166메가와트의 설치 용량으로 디젤을 사용하여 전기를 생산합니다. 또한 약 475마일의 육상 기반 고압 송배전선과 15마일의 고압 해저 케이블을 갖춘 9개의 변전소를 운영하고 있습니다.더 보기Caribbean Utilities Company, Ltd. 기초 지표 요약Caribbean Utilities Company의 순이익과 매출은 시가총액과 어떻게 비교됩니까?CUP.U 기초 통계시가총액US$594.97m순이익 (TTM)US$45.95m매출 (TTM)US$286.28m12.9x주가수익비율(P/E)2.1x주가매출비율(P/S)CUP.U는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표CUP.U 손익계산서 (TTM)매출US$286.28m매출원가US$170.59m총이익US$115.69m기타 비용US$69.74m순이익US$45.95m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)1.08총이익률40.41%순이익률16.05%부채/자본 비율101.8%CUP.U의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당5.4%현재 배당 수익률70%배당 성향CUP.U는 안정적으로 배당을 지급합니까?CUP.U 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 CUP.U를 매수해야 하나요?Caribbean Utilities Company 배당 일정배당락일Jun 01 2026배당 지급일Jun 15 2026배당락일까지 남은 일수6 days배당 지급일까지 남은 일수20 daysCUP.U는 안정적으로 배당을 지급합니까?CUP.U 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 08:35종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Caribbean Utilities Company, Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ross FowlerBarclaysMichael McGowanBMO Capital Markets Equity ResearchSamuel KanesScotiabank Global Banking and Market1명의 분석가 더 보기
Declared Dividend • May 14First quarter dividend increased to US$0.20Dividend of US$0.20 is 5.3% higher than last year. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 12Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on June 15, 2026Caribbean Utilities Company, Ltd. .announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.19 to USD 0.20 per Class A Ordinary Share. This represents a 5% increase from USD 0.76 to USD 0.80 per share on an annualized basis. The dividend is payable on June 15, 2026 to shareholders of record on June 1, 2026.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: US$0.17 (vs US$0.18 in 1Q 2025)First quarter 2026 results: EPS: US$0.17 (down from US$0.18 in 1Q 2025). Revenue: US$65.4m (up 3.6% from 1Q 2025). Net income: US$7.09m (down 5.3% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Mar 11Caribbean Utilities Company, Ltd Welcomes Regulatory Approval of the Certificate of Need by the Utility Regulation and Competition OfficeCaribbean Utilities Company, Ltd. welcomed approval of the Certificate of Need ("CON") by the Utility Regulation and Competition Office ("URCO" or the "Regulator"), paving the way for increased generation capacity to support Grand Cayman's continued growth. URCO has approved CUC's revised CON, submitted on February 10, 2026. The CON identifies Grand Cayman's future electricity needs, and establishes the requirements for the development of 94 megawatts ("MW") of additional generation capacity. The required capacity has been structured into three distinct capacity blocks, allowing for the participation of alternate generation technologies and resources in meeting the electricity generation needs. Under its Transmission and Distribution licence, CUC is required to submit a CON to the Regulator to outline projected electricity demand. Following this submission, the Regulator will launch a competitive procurement process to secure new generation resources needed to meet future demand. CUC continues to make significant investments in the reliability and resilience of Grand Cayman's electricity system, investing as much as USD 100 million annually to serve the households, businesses, and communities that rely on it. Since 2020, these investments have contributed to a 50% reduction in outage time.
Upcoming Dividend • Feb 26Upcoming dividend of US$0.19 per shareEligible shareholders must have bought the stock before 02 March 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (2.7%).
공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026.
Declared Dividend • May 14First quarter dividend increased to US$0.20Dividend of US$0.20 is 5.3% higher than last year. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 12Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on June 15, 2026Caribbean Utilities Company, Ltd. .announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.19 to USD 0.20 per Class A Ordinary Share. This represents a 5% increase from USD 0.76 to USD 0.80 per share on an annualized basis. The dividend is payable on June 15, 2026 to shareholders of record on June 1, 2026.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: US$0.17 (vs US$0.18 in 1Q 2025)First quarter 2026 results: EPS: US$0.17 (down from US$0.18 in 1Q 2025). Revenue: US$65.4m (up 3.6% from 1Q 2025). Net income: US$7.09m (down 5.3% from 1Q 2025). Profit margin: 11% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Mar 11Caribbean Utilities Company, Ltd Welcomes Regulatory Approval of the Certificate of Need by the Utility Regulation and Competition OfficeCaribbean Utilities Company, Ltd. welcomed approval of the Certificate of Need ("CON") by the Utility Regulation and Competition Office ("URCO" or the "Regulator"), paving the way for increased generation capacity to support Grand Cayman's continued growth. URCO has approved CUC's revised CON, submitted on February 10, 2026. The CON identifies Grand Cayman's future electricity needs, and establishes the requirements for the development of 94 megawatts ("MW") of additional generation capacity. The required capacity has been structured into three distinct capacity blocks, allowing for the participation of alternate generation technologies and resources in meeting the electricity generation needs. Under its Transmission and Distribution licence, CUC is required to submit a CON to the Regulator to outline projected electricity demand. Following this submission, the Regulator will launch a competitive procurement process to secure new generation resources needed to meet future demand. CUC continues to make significant investments in the reliability and resilience of Grand Cayman's electricity system, investing as much as USD 100 million annually to serve the households, businesses, and communities that rely on it. Since 2020, these investments have contributed to a 50% reduction in outage time.
Upcoming Dividend • Feb 26Upcoming dividend of US$0.19 per shareEligible shareholders must have bought the stock before 02 March 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (2.7%).
공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026Caribbean Utilities Company, Ltd., Annual General Meeting, May 11, 2026.
Reported Earnings • Feb 19Full year 2025 earnings: EPS in line with expectations, revenues disappointFull year 2025 results: EPS: US$1.10 (up from US$1.08 in FY 2024). Revenue: US$284.0m (down 3.3% from FY 2024). Net income: US$46.3m (up 11% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 13Caribbean Utilities Company (TSE:CUP.U) Is Paying Out A Dividend Of $0.19The board of Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.19 per...
Declared Dividend • Feb 12Third quarter dividend of US$0.19 announcedShareholders will receive a dividend of US$0.19. Ex-date: 2nd March 2026 Payment date: 16th March 2026 Dividend yield will be 5.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 7.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 07Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on March 16, 2026Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.19 per Class A Ordinary Share, or an annualized dividend of USD 0.76 per share. The dividend will be payable on March 16, 2026 to shareholders of record on March 2, 2026.
Declared Dividend • Nov 24Third quarter dividend of US$0.19 announcedShareholders will receive a dividend of US$0.19. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.4% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 21Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on December 15, 2025Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.19 per Class A Ordinary Share, or an annualized dividend of USD 0.76 per share. The dividend will be payable on December 15, 2025 to shareholders of record on December 1, 2025.
New Risk • Nov 16New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: US$0.38 (vs US$0.38 in 3Q 2024)Third quarter 2025 results: EPS: US$0.38 (up from US$0.38 in 3Q 2024). Revenue: US$75.9m (down 5.9% from 3Q 2024). Net income: US$16.0m (up 12% from 3Q 2024). Profit margin: 21% (up from 18% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Sep 20Caribbean Utilities Company, Ltd. Submits New Certificate of Need to Utility Regulation and Competition Office for Grand Cayman Grid ExpansionOn August 1, 2025, Caribbean Utilities Company, Ltd. (CUC) announced an agreed approach with the Utility Regulation and Competition Office (URCO) to address the pressing demand for increased generating capacity in Grand Cayman. As part of this strategic alignment, CUC committed to withdraw its initial Certificate of Need (CON) submitted on June 7, 2024. In conjunction with this withdrawal, URCO formally rescinded its Final Determination on CUC's Certificate of Need issued on April 24, 2025. A key feature of this agreement was that solar generation coupled with battery storage may be able to provide firm capacity subject to industry standard analysis. In alignment with the recently established agreement, CUC confirmed the submission of a new CON to the regulator for formal review. This updated filing outlines the generation resource requirements essential to meet Grand Cayman's projected energy demand with a need for additional generation capacity to be in place by 2027. CUC's submission includes a comprehensive system analysis, detailed load forecasts, and operational benchmarking designed to ensure sufficient capacity and energy availability by June 2027. The timeframe for supply of the needed capacity is very short, and it is likely that interim measures may need to be taken to fulfil the needs of the grid in the short term. The new submission differs from the prior document in that the generation capacity and reliability requirements are outlined but no specific technology is recommended. Instead, it is anticipated that URCO will issue a Request for Proposal (RFP) and bidders will be allowed to propose alternate resource solutions to meet that need. CUC conducted additional analyses to provide URCO with an example methodology to evaluate the potential contribution of alternate generation solutions, such as the Dispatchable Solar Photovoltaic (DPV) project, which was recently issued as a request for proposal, to support forecasted load requirements. Through continued collaboration, innovation, and investment in sustainable technologies, CUC is dedicated to building a resilient energy future that promotes economic prosperity, environmental stewardship, and ensures affordable, equitable access to energy for all. As move forward, CUC remains focused on delivering solutions that meet today's challenges while laying the foundation for a cleaner, more sustainable tomorrow.
공시 • Aug 28Caribbean Utilities Company, Ltd. announces Quarterly dividend, payable on September 15, 2025Caribbean Utilities Company, Ltd. announced Quarterly dividend of USD 0.1900 per share payable on September 15, 2025, ex-date on August 29, 2025 and record date on September 01, 2025.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 23%After last week's 23% share price gain to US$15.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Electric Utilities industry in North America. Total returns to shareholders of 20% over the past three years.
New Risk • Aug 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: US$0.27 (vs US$0.26 in 2Q 2024)Second quarter 2025 results: EPS: US$0.27 (up from US$0.26 in 2Q 2024). Revenue: US$69.4m (down 1.9% from 2Q 2024). Net income: US$11.3m (up 13% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 29Upcoming dividend of US$0.19 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 5.7%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (3.1%).
분석 기사 • May 16Caribbean Utilities Company's (TSE:CUP.U) Earnings Are Of Questionable QualityCaribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) robust earnings report didn't manage to move the market for its...
Declared Dividend • May 15First quarter dividend increased to US$0.19Dividend of US$0.19 is 2.7% higher than last year. Ex-date: 2nd June 2025 Payment date: 16th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
공시 • May 12Caribbean Utilities Company, Ltd Announces Increase in Dividend on Class A Ordinary Shares, Payable June 16, 2025Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.185 to USD 0.19 per Class A Ordinary Share. This represents a 3% increase to USD 0.76 per share on an annualized basis. The dividend will be payable June 16, 2025 to shareholders of record June 2, 2025.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: US$0.18 (vs US$0.16 in 1Q 2024)First quarter 2025 results: EPS: US$0.18 (up from US$0.16 in 1Q 2024). Revenue: US$63.1m (down 8.2% from 1Q 2024). Net income: US$7.49m (up 24% from 1Q 2024). Profit margin: 12% (up from 8.8% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • May 05Increases to Caribbean Utilities Company, Ltd.'s (TSE:CUP.U) CEO Compensation Might Cool off for nowKey Insights Caribbean Utilities Company's Annual General Meeting to take place on 12th of May Salary of US$352.5k is...
분석 기사 • Feb 26Caribbean Utilities Company's (TSE:CUP.U) Dividend Will Be $0.185Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will pay a dividend of $0.185 on the 14th of March. This means the...
공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2025Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2025.
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: US$1.08 (vs US$1.00 in FY 2023)Full year 2024 results: EPS: US$1.08 (up from US$1.00 in FY 2023). Revenue: US$293.7m (up 2.2% from FY 2023). Net income: US$41.7m (up 11% from FY 2023). Profit margin: 14% (up from 13% in FY 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 15Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 28th February 2025 Payment date: 14th March 2025 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 13Caribbean Utilities Company Declares Dividend on Class A Ordinary Shares, Payable on March 14, 2025Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.185 per Class A Ordinary Share, or an annualized dividend of USD 0.74 per share. The dividend will be payable on March 14, 2025 to shareholders of record on February 28, 2025.
Declared Dividend • Nov 18Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 29th November 2024 Payment date: 15th December 2024 Dividend yield will be 5.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 5.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 15Caribbean Utilities Company, Ltd. Declares Dividend, Payable on December 15, 2024Caribbean Utilities Company, Ltd. announced that the board of directors has declared a dividend of USD 0.185 per Class A Ordinary Share, or an annualized dividend of USD 0.74 per share. The dividend will be payable on December 15, 2024 to shareholders of record on December 1, 2024.
분석 기사 • Nov 13Caribbean Utilities Company's (TSE:CUP.U) Solid Earnings May Rest On Weak FoundationsCaribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) healthy profit numbers didn't contain any surprises for investors. We...
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.37 in 3Q 2023)Third quarter 2024 results: EPS: US$0.38 (up from US$0.37 in 3Q 2023). Revenue: US$80.7m (up 9.7% from 3Q 2023). Net income: US$14.3m (up 3.7% from 3Q 2023). Profit margin: 18% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 30Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.185The board of Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.185 per...
Declared Dividend • Aug 29Second quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 30th August 2024 Payment date: 15th September 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 6.1% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Aug 27Caribbean Utilities Company, Ltd. Declares Dividend on Class A Ordinary Share, Payable on September 15, 2024Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.185 per Class A Ordinary Share, or an annualized dividend of USD 0.74 per share. The dividend will be payable on September 15, 2024 to shareholders of record on September 1, 2024.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.26 (vs US$0.26 in 2Q 2023)Second quarter 2024 results: EPS: US$0.26 (up from US$0.26 in 2Q 2023). Revenue: US$70.8m (up 4.3% from 2Q 2023). Net income: US$10.0m (up 1.3% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Nominee Stuart Lochray was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 24Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 15 June 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (3.3%).
분석 기사 • May 21Caribbean Utilities Company (TSE:CUP.U) Is Paying Out A Larger Dividend Than Last YearCaribbean Utilities Company, Ltd. ( TSE:CUP.U ) will increase its dividend on the 15th of June to $0.185, which is 2.8...
공시 • May 17Caribbean Utilities Company, Ltd. announced that it has received $80 million in fundingCaribbean Utilities Company, Ltd. announced that it has issued $40 million 6.17% Senior Unsecured Green Notes due May 15, 2039, $10 million 6.37% Senior Unsecured Green Notes due May 15, 2049, and $30 million 6.37% Senior Unsecured Notes due May 15, 2049, for gross proceeds of $80 million on May 15, 2024. The debt transaction included participation from institutional investors. The Notes will not be registered under the United States Securities Act of 1933 (the "Securities Act") as amended, nor will they be registered under any state securities laws. Unless so registered, the notes may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
Declared Dividend • May 10First quarter dividend increased to US$0.18Dividend of US$0.18 is 2.8% higher than last year. Ex-date: 31st May 2024 Payment date: 15th June 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years and payments have been stable during that time. EPS is expected to grow by 3.4% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 08Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend on Class A Ordinary Share, Payable June 15, 2024Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.18 to USD 0.185 per Class A Ordinary Share. This represents a 3% increase to USD 0.74 per share on an annualized basis. The dividend will be payable June 15, 2024 to shareholders of record June 1, 2024.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$0.16 (vs US$0.14 in 1Q 2023)First quarter 2024 results: EPS: US$0.16 (up from US$0.14 in 1Q 2023). Revenue: US$68.7m (down 3.3% from 1Q 2023). Net income: US$6.05m (up 19% from 1Q 2023). Profit margin: 8.8% (up from 7.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Feb 27Caribbean Utilities Company, Ltd., Annual General Meeting, May 07, 2024Caribbean Utilities Company, Ltd., Annual General Meeting, May 07, 2024.
Upcoming Dividend • Feb 22Upcoming dividend of US$0.18 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (3.7%).
분석 기사 • Feb 16Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings AreDespite posting some strong earnings, the market for Caribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) stock hasn't...
Major Estimate Revision • Feb 16Consensus revenue estimates increase by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$262.0m to US$293.0m. EPS estimate unchanged at US$1.04. Net income forecast to grow 6.1% next year vs 13% growth forecast for Electric Utilities industry in Canada. Consensus price target down from US$13.30 to US$12.38. Share price rose 2.8% to US$11.51 over the past week.
분석 기사 • Feb 15Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) RevenuesShareholders in Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) may be thrilled to learn that the covering analyst has...
New Risk • Feb 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Feb 11Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: US$1.00 (up from US$0.86 in FY 2022). Revenue: US$287.2m (up 7.4% from FY 2022). Net income: US$37.7m (up 17% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is expected to decline by 3.2% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 09Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18Caribbean Utilities Company, Ltd.'s ( TSE:CUP.U ) investors are due to receive a payment of $0.18 per share on 15th of...
Declared Dividend • Feb 08Third quarter dividend of US$0.18 announcedShareholders will receive a dividend of US$0.18. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 6.4%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years and payments have been stable during that time. EPS is expected to grow by 8.3% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 06Caribbean Utilities Company, Ltd. Declares a Dividend on Class A Ordinary Share, Payable on March 15, 2024Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.18 per Class A Ordinary Share, or an annualized dividend of USD 0.72 per share. The dividend will be payable on March 15, 2024 to shareholders of record on March 1, 2024.
공시 • Nov 25Caribbean Utilities Company, Ltd. Announces the Appointment of Dr. Stephen Jay as an Executive Officer of the Company Serving as Vice President of Energy OperationsCaribbean Utilities Company, Ltd. announced the appointment of Dr. Stephen Jay as an Executive Officer of the Company serving as Vice President of Energy Operations. Dr. Jay holds a doctorate in Electrical and Mechanical Engineering and brings a wealth of knowledge with over 30 years' experience in strategy development, asset management, electricity markets and regulation, renewable generation development and technological innovation. Prior to his appointment with CUC, Dr. Jay was with Transpower New Zealand Ltd. as the Executive GeneralManager Operations. Dr. Jay has a wealth of experience including strong leadership skills, activecollaboration with the New Zealand market regulator including the development of renewable energy systems, andassistance with positioning the country for a lower carbon emission future. As the President of the Electricity Engineers Association, a national not-for-profit organization thatrepresents the self-governance, safety and asset management best practice for the generation, distribution andtransmission companies in New Zealand; Dr. Jay provided insight into renewable energy thought leadership,technology integration and asset management.
Upcoming Dividend • Nov 24Upcoming dividend of US$0.18 per share at 6.3% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.3%. Lower than top quartile of Canadian dividend payers (6.7%). Higher than average of industry peers (3.8%).
분석 기사 • Nov 11Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will pay a dividend of $0.18 on the 15th of December. This means the...
공시 • Nov 08Caribbean Utilities Company, Ltd Declares Dividend on Class A Ordinary Shares, Payable on December 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.18 per Class A Ordinary Share, or an annualized dividend of USD 0.72 per share. The dividend will be payable on December 15, 2023 to shareholders of record on December 1, 2023.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: US$0.37 (vs US$0.28 in 3Q 2022)Third quarter 2023 results: EPS: US$0.37 (up from US$0.28 in 3Q 2022). Revenue: US$73.6m (down 6.9% from 3Q 2022). Net income: US$13.8m (up 34% from 3Q 2022). Profit margin: 19% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.1% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 29Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.18 per share on the...
공시 • Aug 25Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on September 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.18 per Class A Ordinary Share, or an annualized dividend of USD 0.72 per share. The dividend will be payable on September 15, 2023 to shareholders of record on September 1, 2023.
Reported Earnings • Aug 04Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: US$67.9m (up 17% from 2Q 2022). Net income: US$9.99m (up 22% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is expected to decline by 4.7% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.3%.
Upcoming Dividend • May 24Upcoming dividend of US$0.18 per share at 5.2% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 15 June 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (3.5%).
분석 기사 • May 15Caribbean Utilities Company (TSE:CUP.U) Has Announced That It Will Be Increasing Its Dividend To $0.18Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will increase its dividend on the 15th of June to $0.18, which is 2.9...
공시 • May 13Caribbean Utilities Company, Ltd. Elects Karen Gosse and Kay Menzies as DirectorCaribbean Utilities Company, Ltd. at the Annual General Meeting of Shareholders held on May 12, 2023, elected Ms. Karen Gosse and Ms. Kay Menzies to serve as directors.
공시 • May 11Caribbean Utilities Company, Ltd. Declares Regular Quarterly Dividend, Payable on June 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared an increase in the regular quarterly dividend from USD 0.175 to USD 0.18 per Class A Ordinary Share. This represents a 3% increase to USD 0.72 per share on an annualized basis. The dividend will be payable June 15, 2023 to shareholders of record June 1, 2023.
Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$0.14 (vs US$0.14 in 1Q 2022)First quarter 2023 results: EPS: US$0.14 (down from US$0.14 in 1Q 2022). Revenue: US$71.1m (up 38% from 1Q 2022). Net income: US$5.10m (down 5.1% from 1Q 2022). Profit margin: 7.2% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 21Upcoming dividend of US$0.17 per share at 5.0% yieldEligible shareholders must have bought the stock before 28 February 2023. Payment date: 15 March 2023. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (3.4%).
분석 기사 • Feb 18Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.175Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) will pay a dividend of $0.175 on the 15th of March. Based on this...
공시 • Feb 18Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2023Caribbean Utilities Company, Ltd., Annual General Meeting, May 12, 2023.
Reported Earnings • Feb 12Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: US$0.86 (up from US$0.79 in FY 2021). Revenue: US$267.3m (up 35% from FY 2021). Net income: US$32.2m (up 9.7% from FY 2021). Profit margin: 12% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Feb 07Caribbean Utilities Company, Ltd. Declares Dividend on Class A Ordinary Share, Payable on March 15, 2023Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on March 15, 2023 to shareholders of record on March 1, 2023.
Upcoming Dividend • Nov 23Upcoming dividend of US$0.13 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (3.3%).
공시 • Nov 16Caribbean Utilities Company, Ltd. announced that it has received $80 million in fundingCaribbean Utilities Co. Ltd. announced closing of a private placement of senior unsecured notes for gross proceeds of $80 million with institutional investors from United States on November 15, 2022. he company will issued 5.88% senior unsecured notes due November 15, 2052. The notes will not be registered under the United States Securities Act of 1933.
공시 • Nov 09Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares payable on December 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of $0.175 per Class A Ordinary Share, or an annualized dividend of $0.70 per share. The dividend will be payable on December 15,2022 to shareholders of record on December 1, 2022.
Major Estimate Revision • Nov 04Consensus revenue estimates increase by 21%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from US$216.0m to US$261.0m. EPS estimate increased from US$0.86 to US$0.88 per share. Net income forecast to grow 12% next year vs 8.8% growth forecast for Electric Utilities industry in Canada. Consensus price target up from US$14.59 to US$15.52. Share price fell 3.4% to US$14.30 over the past week.
분석 기사 • Nov 04Broker Revenue Forecasts For Caribbean Utilities Company, Ltd. (TSE:CUP.U) Are Surging HigherCaribbean Utilities Company, Ltd. ( TSE:CUP.U ) shareholders will have a reason to smile today, with the covering...
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: US$0.28 (vs US$0.27 in 3Q 2021)Third quarter 2022 results: EPS: US$0.28 (up from US$0.27 in 3Q 2021). Revenue: US$79.0m (up 41% from 3Q 2021). Net income: US$10.3m (up 3.2% from 3Q 2021). Profit margin: 13% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in North America are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Aug 24Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (2.9%).
분석 기사 • Aug 14Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.175The board of Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) has announced that it will pay a dividend of $0.175 per...
분석 기사 • Aug 10We Like Caribbean Utilities Company's (TSE:CUP.U) Earnings For More Than Just Statutory ProfitThe recent earnings posted by Caribbean Utilities Company, Ltd. ( TSE:CUP.U ) were solid, but the stock didn't move as...
공시 • Aug 10Caribbean Utilities Company, Ltd. Declares Dividend, Payable on September 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on September 15, 2022 to shareholders of record on September 1, 2022.
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.22 (vs US$0.23 in 2Q 2021)Second quarter 2022 results: EPS: US$0.22 (down from US$0.23 in 2Q 2021). Revenue: US$58.2m (up 21% from 2Q 2021). Net income: US$8.20m (down 3.0% from 2Q 2021). Profit margin: 14% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.0%, compared to a 4.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year.
Upcoming Dividend • May 24Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Canadian dividend payers (4.9%). Higher than average of industry peers (3.1%).
공시 • May 12Caribbean Utilities Company, Ltd. Announces Board ChangesCaribbean Utilities Company, Ltd. at its AGM held on May 10, 2022 appointed Ms. Jennifer Frizzelle to serve as director until the next annual meeting of the Company or until their successors are elected or appointed. The Chairman of the Board of Directors, Mr. David Ritch, and long term director Mr. Peter Thomson, retired from service as directors on the Board at the AGSM. At a meeting of the new Board of Directors that followed the AGSM, Mrs. Sheree L. Ebanks was appointed as the new Chair of the Board. Mrs. Ebanks was elected as a member of the Board of Directors in May 2014 and was appointed as Chair of the Audit Committee of the Board in May 2020.
공시 • May 10Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on June 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on June 15, 2022 to shareholders of record on June 1, 2022.
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.14 (up from US$0.087 in 1Q 2021). Revenue: US$51.6m (up 33% from 1Q 2021). Net income: US$5.37m (up 67% from 1Q 2021). Profit margin: 10% (up from 8.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Over the next year, revenue is forecast to grow 4.0%, compared to a 5.3% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Gretchen Holloway was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 26Caribbean Utilities Company, Ltd., Annual General Meeting, May 10, 2022Caribbean Utilities Company, Ltd., Annual General Meeting, May 10, 2022.
Upcoming Dividend • Feb 22Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 28 February 2022. Payment date: 15 March 2022. Payout ratio is on the higher end at 89% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Canadian dividend payers (4.9%). Higher than average of industry peers (3.3%).
Reported Earnings • Feb 12Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: US$0.79 (up from US$0.73 in FY 2020). Revenue: US$198.5m (up 12% from FY 2020). Net income: US$29.3m (up 17% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 7.8%, compared to a 3.6% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
공시 • Feb 08Caribbean Utilities Company, Ltd Announces Declaration of Dividend on Class A Ordinary Shares, Payable on March 15, 2022Caribbean Utilities Company, Ltd. announced that the Board of Directors has declared a dividend of USD 0.175 per Class A Ordinary Share, or an annualized dividend of USD 0.70 per share. The dividend will be payable on March 15, 2022 to shareholders of record on March 1, 2022.
Upcoming Dividend • Nov 23Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 30 November 2021. Payment date: 15 December 2021. Trailing yield: 4.7%. Within top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (3.2%).
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS US$0.27 (vs US$0.30 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$56.1m (up 28% from 3Q 2020). Net income: US$10.1m (down 1.4% from 3Q 2020). Profit margin: 18% (down from 23% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 24Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 15 September 2021. Trailing yield: 4.7%. Within top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (3.1%).
Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$203.6m to US$195.8m. EPS estimate rose from US$0.70 to US$0.78. Net income forecast to grow 4.3% next year vs 6.1% growth forecast for Electric Utilities industry in Canada. Consensus price target broadly unchanged at US$14.26. Share price fell 6.2% to US$14.75 over the past week.
Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS US$0.23 (vs US$0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$48.3m (up 7.1% from 2Q 2020). Net income: US$8.45m (up 92% from 2Q 2020). Profit margin: 18% (up from 9.7% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year.
