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Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

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Uniti Group Inc. (Nasdaq: UNIT) announced a quarterly cash dividend of $0.15 per share payable on January 4, 2021 to stockholders of record on December 15, 2020. This dividend reflects Uniti's commitment to delivering value to its shareholders as an internally managed real estate investment trust specializing in acquiring and constructing vital communications infrastructure. By June 30, 2020, Uniti owned 6.5 million fiber strand miles across the U.S., establishing itself as a key provider in the wireless infrastructure sector.

Positive
  • Declared a quarterly cash dividend of $0.15 per share, providing income for shareholders.
  • Maintains a solid position in the communications infrastructure market with ownership of 6.5 million fiber strand miles.
Negative
  • None.

LITTLE ROCK, Ark., Nov. 05, 2020 (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 January 4, 2021 to stockholders of record on December 15, 2020.

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 June 30, 2020, Uniti owns 6.5 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 is the dividend payment date for Uniti Group?

The dividend payment date is January 4, 2021.

Who is eligible to receive the dividend from Uniti Group?

Stockholders of record on December 15, 2020, are eligible to receive the dividend.

How many fiber strand miles does Uniti Group own?

As of June 30, 2020, Uniti Group owns 6.5 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

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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