Lumen Technologies declares quarterly cash dividend

Rhea-AI Summary

Lumen Technologies (LUMN) has declared a regular quarterly cash dividend of 25 cents per share, payable on June 11, 2021. Shareholders of record as of the close of business on June 1, 2021 will be eligible for this dividend. The ex-dividend date is set for May 28, 2021. This announcement underscores Lumen's commitment to providing returns to its shareholders while reinforcing its position in the technology sector with a robust fiber network spanning approximately 450,000 route miles across more than 60 countries.

Positive

• Declaration of a quarterly cash dividend of 25 cents per share reinforces shareholder value.
• Solid financial commitment, enhancing investor confidence.
• Expansive fiber network of approximately 450,000 route miles supports future growth.

Negative

• None.

DENVER, May 20, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of 25 cents per share. The dividend is payable June 11, 2021, to shareholders of record at the close of business on June 1, 2021. The ex-dividend date will be May 28, 2021.

About Lumen Technologies

Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.

Learn more about the Lumen network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States. Lumen Technologies LLC is a wholly-owned affiliate of Lumen Technologies Inc. 

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SOURCE Lumen Technologies

FAQ

What is the dividend amount announced by Lumen Technologies?

Lumen Technologies announced a quarterly cash dividend of 25 cents per share.

When will Lumen Technologies pay its dividend?

The dividend will be payable on June 11, 2021.

What is the ex-dividend date for Lumen Technologies' dividend?

The ex-dividend date is May 28, 2021.

Who will receive the dividend from Lumen Technologies?

Shareholders of record as of June 1, 2021, will be eligible for the dividend.