Liberty Broadband Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock. The payment will be made on January 15, 2021, to shareholders on record as of December 31, 2020. The company primarily invests in communications businesses, with significant assets in Charter Communications and subsidiaries like GCI and Skyhook. GCI holds the position of Alaska’s largest communications provider, serving both consumer and business clients across challenging terrains.

Positive

• Declared quarterly cash dividend of $0.43750001 per share.
• Dividend payment date set for January 15, 2021.
• GCI's established presence in Alaska as the largest communications provider.

Negative

• None.

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) today announced that its Board of Directors declared a quarterly cash dividend of $0.43750001 per share of Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”), payable in cash on January 15, 2021 to stockholders of record of the Preferred Stock at the close of business on December 31, 2020 (the “Record Date”).

About Liberty Broadband Corporation

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) operates and owns interests in a broad range of communications businesses. Liberty Broadband’s principal assets consist of its interest in Charter Communications and its subsidiaries: Skyhook and GCI. GCI is Alaska’s largest communications provider, providing data, wireless, video, voice and managed services to consumer and business customers throughout Alaska and nationwide. GCI has delivered services for nearly 40 years to some of the most remote communities and in some of the most challenging conditions in North America.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201221005534/en/

FAQ

What is the dividend amount for Liberty Broadband Corporation in 2021?

The dividend amount declared is $0.43750001 per share.

When is the dividend payment for Liberty Broadband Corporation?

The dividend payment is scheduled for January 15, 2021.

What is the record date for Liberty Broadband Corporation's dividend?

The record date is December 31, 2020.

What are the stock symbols for Liberty Broadband Corporation?

The stock symbols are LBRDA, LBRDK, and LBRDP.