Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report) declared a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.4375 per share on Wednesday, January 15th. This represents a $1.75 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date of this dividend is Tuesday, December 31st.
Liberty Broadband has increased its dividend payment by an average of 58.7% annually over the last three years.
Liberty Broadband Stock Up 0.3 %
Shares of LBRDP traded up $0.07 during trading hours on Tuesday, reaching $24.12. 23,883 shares of the company traded hands, compared to its average volume of 12,148. The stock’s fifty day moving average is $23.97 and its 200 day moving average is $23.59. Liberty Broadband has a 1-year low of $21.61 and a 1-year high of $24.89.
About Liberty Broadband
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.
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