Liberty Broadband Declares Dividend & Expands Communications Reach

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared a regular quarterly cash dividend for its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP) at $0.43750001 per share. This dividend is payable in cash on July 15, 2024, to holders of record of the Preferred Stock at the close of business on July 1, 2024.

The company's principal assets include its interest in Charter Communications and its subsidiary GCI, which is Alaska’s largest communications provider. Over the past 40 years, GCI has provided data, wireless, video, voice, and managed services to consumer and business customers throughout Alaska and nationwide.

This announcement comes as Liberty Broadband Corporation continues to maintain its position as a key player in the communications industry, with a focus on delivering services to even the most remote communities and challenging conditions in North America. Following these announcements, the company's shares moved 1.3%, and are now trading at a price of $51.5. If you want to know more, read the company's complete 8-K report here.

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