Cable One Announces Quarterly Dividend Increase

Rhea-AI Summary

The Board of Directors of Cable One (NYSE: CABO) has declared a quarterly cash dividend of $2.85 per share, reflecting an increase of $0.10 from the previous dividend. This payment is set for September 16, 2022, to shareholders of record as of August 30, 2022. Cable One is a prominent broadband provider, servicing over 1.1 million customers across 24 states, offering high-speed internet and entertainment services.

Positive

• Quarterly cash dividend increased to $2.85 per share, enhancing shareholder returns.

Negative

• None.

PHOENIX--(BUSINESS WIRE)-- The Board of Directors of Cable One, Inc. (NYSE: CABO) today declared a quarterly cash dividend of $2.85 per share, an increase of $0.10 per share in the company’s quarterly cash dividend. The dividend is payable on September 16, 2022 to stockholders of record at the close of business on August 30, 2022.

About Cable One

Cable One, Inc. (NYSE:CABO) is a leading broadband communications provider committed to connecting customers and communities to what matters most. Through Sparklight® and the associated Cable One family of brands, the Company serves more than 1.1 million residential and business customers in 24 states. Over its fiber-optic infrastructure, the Cable One family of brands provide residential customers with a wide array of connectivity and entertainment services, including Gigabit speeds, advanced WiFi and video. For businesses ranging from small and mid-market up to enterprise, wholesale and carrier, the Company offers scalable, cost-effective solutions that enable businesses of all sizes to grow, compete and succeed.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220819005317/en/

Trish Niemann

Vice President, Communications Strategy

602.364.6372

patricia.niemann@cableone.biz

Todd Koetje

CFO

investor_relations@cableone.biz

Source: Cable One, Inc.

FAQ

What is the new dividend amount for CABO?

The new dividend amount for Cable One (CABO) is $2.85 per share.

When will the CABO dividend be paid?

The CABO dividend will be paid on September 16, 2022.

What is the record date for the CABO dividend?

The record date for the CABO dividend is August 30, 2022.

How often does CABO pay dividends?

Cable One typically pays dividends quarterly.

Is the CABO dividend sustainable?

The sustainability of the CABO dividend would depend on the company's ongoing financial performance and cash flow.