Liberty Broadband Corporation Declares Quarterly Cash Dividend on Series A Cumulative Redeemable Preferred Stock

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 (Nasdaq: LBRDP). The dividend is payable on January 18, 2022, to holders of record as of the close of business on December 31, 2021. Liberty Broadband operates in the communications sector, primarily through its interests in Charter Communications and GCI, Alaska's largest communications provider.

Positive

• Quarterly cash dividend of $0.43750001 per share declared.
• Dividend payment date set for January 18, 2022, enhancing shareholder income.

Negative

• None.

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 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 January 18, 2022 to holders of record of the Preferred Stock at the close of business on December 31, 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/20211208006015/en/

Liberty Broadband Corporation

Courtnee Chun, 720-875-5420

Source: Liberty Broadband Corporation

FAQ

What is the dividend amount for LBRDA, LBRDK, and LBRDP?

The dividend amount declared is $0.43750001 per share.

When will the dividend for Liberty Broadband Corporation be paid?

The dividend will be paid on January 18, 2022.

What is the record date for the dividend payment for LBRDP?

The record date for the dividend payment is December 31, 2021.

Which stocks are affected by the declared dividend?

The declared dividend affects the Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP).

Is the dividend for Liberty Broadband Corporation sustainable?

The press release does not provide information regarding the sustainability of the dividend.