Liberty Broadband Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) announced a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (LBRDP). The dividend will be payable on July 15, 2021, to shareholders of record as of June 30, 2021. Liberty Broadband holds significant interests in communications companies, notably Charter Communications and its subsidiary GCI, Alaska's largest communications provider, serving the region for nearly 40 years.

Positive

• Quarterly cash dividend of $0.43750001 per share for shareholders.
• Dividend payable date of July 15, 2021, indicating regular income for investors.
• Strong operational background with GCI serving remote communities for 40 years.

Negative

• None.

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) today announced that its Board of Directors declared the regular quarterly cash dividend payable to holders of its Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”) (Nasdaq: LBRDP). The per share amount of the quarterly cash dividend will be $0.43750001, payable in cash on July 15, 2021 to holders of record of the Preferred Stock at the close of business on June 30, 2021 (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 subsidiary 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/20210527005903/en/

FAQ

When is the dividend payment for Liberty Broadband's LBRDP stock?

The dividend payment is scheduled for July 15, 2021.

What is the amount of the dividend declared for LBRDP stock?

The declared dividend amount is $0.43750001 per share.

What is the record date for the Liberty Broadband dividend?

The record date for the dividend is June 30, 2021.

How often does Liberty Broadband pay dividends?

Liberty Broadband pays dividends quarterly.

What is Liberty Broadband's main business focus?

Liberty Broadband primarily invests in communications businesses, including Charter Communications and GCI.