Liberty Broadband Co. (NASDAQ:LBRDP) Plans Quarterly Dividend of $0.44

Liberty Broadband Co. (NASDAQ:LBRDP) declared a quarterly dividend on Friday, May 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.4375 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Tuesday, June 30th.

Liberty Broadband Price Performance

Liberty Broadband stock opened at $21.65 on Friday. The company’s fifty day moving average price is $22.05 and its 200 day moving average price is $23.36. Liberty Broadband has a 1 year low of $21.05 and a 1 year high of $25.55.

Liberty Broadband Company Profile

Liberty Broadband Corporation (NASDAQ: LBRDP) is a holding company focused on investments in broadband communications. The company’s principal asset is a substantial equity interest in Charter Communications, one of the largest broadband connectivity companies in the United States. Liberty Broadband leverages a tracking stock structure to provide shareholders with direct exposure to the performance of its Charter stake, while maintaining a lean corporate structure that is primarily dedicated to asset management and shareholder returns.

Through its position in Charter Communications, Liberty Broadband participates indirectly in a wide range of digital video, internet and voice services.