Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report) declared a quarterly dividend on Friday, May 15th. Investors 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 yield of 8.1%. The ex-dividend date is Tuesday, June 30th.
Liberty Broadband Stock Performance
NASDAQ LBRDP opened at $21.65 on Friday. Liberty Broadband has a 52 week low of $21.05 and a 52 week high of $25.55. The business has a 50 day moving average price of $22.05 and a 200-day moving average price of $23.36.
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.
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