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Herzfeld Caribbean Basin Fund Updates Dividend Plan

Story Highlights
  • Herzfeld Credit Income Fund announced changes to its Dividend Reinvestment Plan on July 16, 2025.
  • The amendments allow issuing new shares regardless of stock trading conditions, aligning with industry standards.
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Herzfeld Caribbean Basin Fund Inc ( (CUBA) ) has shared an announcement.

On July 16, 2025, Herzfeld Credit Income Fund, Inc. announced amendments to its Dividend Reinvestment Plan, approved by the Board on May 8, 2025. The changes, effective 30 days after shareholder notification, allow the Fund to issue new shares to participants regardless of stock trading conditions, aligning with industry standards. These adjustments could impact the Fund’s operations by potentially increasing shareholder participation and aligning its practices with similar funds.

More about Herzfeld Caribbean Basin Fund Inc

Herzfeld Credit Income Fund, Inc. is a company operating in the financial industry, focusing on investment analysis and account management in closed-end funds. It is managed by Thomas J. Herzfeld Advisors, Inc., an SEC registered investment advisor established in 1984.

Average Trading Volume: 114,046

See more insights into CUBA stock on TipRanks’ Stock Analysis page.

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