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 October 17, 2022, to shareholders on record as of September 30, 2022. Liberty Broadband owns interests in various communications businesses, primarily in Charter Communications and GCI, Alaska's largest communications provider, which has been operational for 40 years.

Positive

• Quarterly cash dividend of $0.43750001 per share declared.
• Dividend payment reflects company confidence in financial stability.
• GCI's long-standing service in Alaska enhances brand reputation.

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 17, 2022 to holders of record of the Preferred Stock at the close of business on September 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 declared by Liberty Broadband for LBRDP?

The dividend amount declared by Liberty Broadband for LBRDP is $0.43750001 per share.

When is the dividend for Liberty Broadband's preferred stock payable?

The dividend is payable on October 17, 2022.

What is the record date for Liberty Broadband's preferred stock dividend?

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

What are the stock symbols for Liberty Broadband?

The stock symbols for Liberty Broadband are LBRDA, LBRDK, and LBRDP.

How often does Liberty Broadband pay dividends?

Liberty Broadband pays dividends quarterly.