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Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

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On August 4, 2020, Uniti Group (Nasdaq: UNIT) announced a quarterly cash dividend of $0.15 per share. The dividend is payable on October 2, 2020, to shareholders on record as of September 18, 2020. Uniti specializes in acquiring and constructing critical communication infrastructures and owns approximately 6.3 million fiber strand miles across the U.S. This announcement reflects the company's commitment to returning value to its shareholders and maintaining consistent income.

Positive
  • Quarterly dividend of $0.15 enhances shareholder returns.
  • Company owns 6.3 million fiber strand miles, indicating strong infrastructure presence.
Negative
  • None.

LITTLE ROCK, Ark., Aug. 04, 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 October 2, 2020 to stockholders of record on September 18, 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 March 31, 2020, Uniti owns 6.3 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 declared by Uniti Group?

Uniti Group declared a dividend of $0.15 per share.

When will the dividend be paid?

The dividend will be paid on October 2, 2020.

What is the record date for the dividend?

The record date for the dividend is September 18, 2020.

How many fiber strand miles does Uniti Group own?

Uniti Group owns approximately 6.3 million fiber strand miles.

What type of company is Uniti Group?

Uniti Group is a real estate investment trust focused on communication infrastructure.

Uniti Group Inc.

NASDAQ:UNIT

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1.37B
244.12M
2.47%
85.51%
6.56%
REIT - Specialty
Real Estate Investment Trusts
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United States of America
LITTLE ROCK