Liberty Broadband Co. (LBRDP) to Issue Quarterly Dividend of $0.44 on January 15th

Liberty Broadband Co. (NASDAQ:LBRDP) announced a quarterly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.4375 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 0.0% increase from Liberty Broadband’s previous quarterly dividend of $0.44.

Liberty Broadband Stock Up 0.0%

Shares of LBRDP opened at $24.61 on Monday. The business’s 50 day moving average is $24.52 and its two-hundred day moving average is $24.73. Liberty Broadband has a 52-week low of $23.39 and a 52-week high of $26.88.

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.