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 the declaration of a quarterly cash dividend of $0.43750001 per share on its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP). The dividend is payable on July 15, 2022, to shareholders of record by June 30, 2022. This announcement underscores the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.43750001 per share announced.
• Dividend payable on July 15, 2022, reflects ongoing shareholder value return.

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 July 15, 2022 to holders of record of the Preferred Stock at the close of business on June 30, 2022 (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 over the past 40 years to some of the most remote communities and in some of the most challenging conditions in North America.

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Liberty Broadband Corporation

Courtnee Chun, 720-875-5420

Source: Liberty Broadband Corporation

FAQ

What is the dividend amount for Liberty Broadband Corporation's preferred stock?

The dividend amount is $0.43750001 per share.

When is the dividend payment date for Liberty Broadband Corporation?

The dividend payment date is July 15, 2022.

What is the record date for receiving the dividend from Liberty Broadband Corporation?

The record date for the dividend is June 30, 2022.