CUBA News and Press, The Herzfeld Caribbean Basin Fund Inc. From 10/12/22

MIAMI BEACH, Fla., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced the commencement of a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the “Fund”). Under the terms of the Tende...

Summary 1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on Au...

Summary 20 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. OPP rights offering announced. Aberdeen (now "abrdn") and Delaware CEFs are merging, subject to shareholder approval. Author's note: This article was released to CEF/...

Herzfeld Caribbean Basin Fund ( NASDAQ: CUBA ) declares $0.1736/share quarterly dividend , -34.4% decrease from prior dividend of $0.2648. Forward yield 15.64% Payable Sept. 30; for shareholders of record Aug. 22; ex-div Aug. 19. See CUBA Dividend Scoreca...

MIAMI BEACH, Fla., Aug. 05, 2022 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has made changes to its managed distribution policy (the “Policy”) to pay its September 30, 2022 distribution us...

Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing their upward trend, while inflationary pressures persist. The reopening of contact-in...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips How do you find stocks to buy to beat inflation amid uncertainty in the financial markets? The inflation rate in the U.S. is near 8% and is at its highest level in 40 years. The Federal Reserve has made the bold move to rai...

MIAMI BEACH, Fla., May 19, 2022 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Board of Directors of the Fund has authorized the extension of the Fund’s Managed Distribution Policy and Self-Tender Policy ...

The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) traded at a new 52-week high today of $8.39. So far today approximately 5.2 million shares have been exchanged, as compared to an average 30-day volume of 22,000 shares. To achieve long-term capital appreciation, investing primarily in...

Almost like a 2014 Christmas present to the Castro government, President Obama opened the door to more US interaction and investments with the country of Cuba. Investors jumped onboard. Despite its name or ticker, this closed-end fund has few equities actually incorporated in the Cari...