STOCK TITAN

Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

On February 25, 2021, Uniti Group announced a quarterly cash dividend of $0.15 per share, which will be paid on April 16, 2021, to stockholders of record by April 1, 2021. Uniti, a real estate investment trust, specializes in critical communications infrastructure, owning approximately 6.7 million fiber strand miles across the United States as of September 30, 2020. The dividend declaration reflects the company's ongoing commitment to returning value to its shareholders.

Positive
  • Quarterly cash dividend of $0.15 per share demonstrates commitment to shareholder returns.
  • Significant asset base with 6.7 million fiber strand miles indicating strong infrastructure capability.
Negative
  • None.

LITTLE ROCK, Ark., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on April 16, 2021 to stockholders of record on April 1, 2021.

ABOUT UNITI

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.

INVESTOR AND MEDIA CONTACTS:

Mark A. Wallace, 501-850-0866
Executive Vice President, Chief Financial Officer & Treasurer
mark.wallace@uniti.com

Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com


FAQ

What is the dividend amount announced by Uniti Group?

Uniti Group announced a quarterly cash dividend of $0.15 per share.

When will the dividend be paid to shareholders of Uniti Group?

The dividend will be paid on April 16, 2021.

What is the record date for Uniti Group's dividend?

The record date for the dividend is April 1, 2021.

How many fiber strand miles does Uniti own?

As of September 30, 2020, Uniti owns approximately 6.7 million fiber strand miles.

What type of company is Uniti Group?

Uniti Group is an internally managed real estate investment trust focused on communications infrastructure.

Uniti Group Inc.

NASDAQ:UNIT

UNIT Rankings

UNIT Latest News

UNIT Stock Data

1.49B
233.58M
2.47%
87.96%
5.42%
REIT - Specialty
Real Estate Investment Trusts
Link
United States of America
LITTLE ROCK