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Liberty Broadband Corporation Declares Quarterly Cash Dividend on Series A Cumulative Redeemable Preferred Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Liberty Broadband Corporation declares regular quarterly cash dividend for its Series A Cumulative Redeemable Preferred Stock.
Positive
Liberty Broadband Corporation declares regular quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock.
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 October 16, 2023 to holders of record of the Preferred Stock at the close of business on October 2, 2023 (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.
Liberty Broadband Corporation
Shane Kleinstein, 720-875-5432
Source: Liberty Broadband Corporation
FAQ
What is Liberty Broadband Corporation announcing?
Liberty Broadband Corporation is announcing the declaration of a regular quarterly cash dividend for its Series A Cumulative Redeemable Preferred Stock.
What is the amount of the quarterly cash dividend?
The amount of the quarterly cash dividend is $0.43750001 per share.
When will the dividend be paid?
The dividend will be paid in cash on October 16, 2023.
Who is eligible to receive the dividend?
Holders of record of the Preferred Stock at the close of business on October 2, 2023 are eligible to receive the dividend.