Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report) announced a quarterly dividend on Tuesday, December 10th,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 yield of 7.28%. The ex-dividend date of this dividend is Tuesday, December 31st.
Liberty Broadband has raised its dividend by an average of 58.7% per year over the last three years.
Liberty Broadband Trading Down 0.3 %
LBRDP stock opened at $24.04 on Wednesday. Liberty Broadband has a twelve month low of $21.61 and a twelve month high of $24.89. The firm’s fifty day simple moving average is $23.97 and its two-hundred day simple moving average is $23.59.
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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