Investing.com - Financial Markets Worldwide

Herzfeld Caribbean Basin Fund chairman acquires $2,764 in stock

Published 11/03/2025, 22:02
Herzfeld Caribbean Basin Fund chairman acquires $2,764 in stock
CUBA
-3.61%

Thomas J. Herzfeld, Chairman of the Advisor for Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA), recently acquired 1,067 shares of the company’s common stock. The shares were purchased at an average price of $2.5913 per share, amounting to a total transaction value of $2,764. The fund, currently valued at $41 million, has shown strong momentum with a 27.6% return over the past six months. Following this acquisition, Herzfeld now directly owns 1,554,511 shares of the fund. This transaction was reported in a recent SEC Form 4 filing dated March 11, 2025. InvestingPro data reveals the fund offers an impressive 18% dividend yield and trades at a P/E ratio of 12.45. For more detailed analysis and additional insights, including 6 more exclusive ProTips, consider exploring InvestingPro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.