Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report) announced a quarterly dividend on Tuesday, December 17th,Wall Street Journal reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.4375 per share on Wednesday, January 15th. This represents a $1.75 annualized dividend and a dividend yield of 6.98%. The ex-dividend date is Tuesday, December 31st.
Liberty Broadband has raised its dividend payment by an average of 58.7% annually over the last three years.
Liberty Broadband Trading Up 0.4 %
Shares of LBRDP opened at $25.07 on Thursday. The business’s 50-day moving average is $24.01 and its 200-day moving average is $23.65. Liberty Broadband has a fifty-two week low of $21.82 and a fifty-two week high of $25.19.
About Liberty Broadband
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.
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