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). This dividend is payable on April 15, 2022, to stockholders on record as of March 31, 2022.

Liberty Broadband owns significant interests in communication businesses, including Charter Communications and GCI, Alaska's largest communications provider.

Positive

• Declared a quarterly cash dividend of $0.43750001 per share, enhancing shareholder income.
• Strong positioning in the communications sector through interests in Charter Communications and GCI.

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• 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 April 15, 2022 to holders of record of the Preferred Stock at the close of business on March 31, 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 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/20220314005578/en/

Liberty Broadband Corporation

Courtnee Chun, 720-875-5420

Source: Liberty Broadband Corporation

FAQ

What is the dividend amount declared by Liberty Broadband Corporation?

The dividend amount declared is $0.43750001 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on April 15, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is March 31, 2022.

Which stocks are affected by the dividend?

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

What companies does Liberty Broadband Corporation operate and own interests in?

Liberty Broadband operates and owns interests in Charter Communications and GCI.