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Brigitta Suzanne Herzfeld, a director at Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA), recently acquired 385 shares of the company’s common stock. The shares were purchased at a price of $2.5901 each, totaling approximately $997. The fund, currently valued at $41 million, offers an impressive 18% dividend yield and has maintained consistent dividend payments for 14 consecutive years, according to InvestingPro data. This transaction increases Herzfeld’s direct ownership to 113,434 shares. The acquisition was reported in a Form 4 filing with the Securities and Exchange Commission on March 11, 2025. The company, which is based in Miami Beach, focuses on investments in the Caribbean Basin region. The fund has demonstrated strong performance with a 27.6% price return over the past six months and trades at a P/E ratio of 12.45. For more detailed analysis and additional insights, visit InvestingPro, which offers 6 more key tips about CUBA’s investment potential.
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