Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared the regular quarterly cash dividend payable to holders of its Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”) (Nasdaq: LBRDP) at $0.43750001 per share. The dividend is payable in cash on January 15, 2025, to holders of record of the Preferred Stock at the close of business on December 31, 2024. This indicates a consistent dividend payout compared to the previous period.
Liberty Broadband Corporation operates and owns interests in a broad range of communications businesses, with its principal assets consisting of its interest in Charter Communications and its subsidiary GCI. GCI, Alaska’s largest communications provider, offers data, wireless, video, voice, and managed services to consumer and business customers throughout Alaska and nationwide.
It's worth noting that Liberty Broadband Corporation has remained committed to delivering consistent value to its shareholders through regular dividend payouts, reflecting its financial stability and confidence in its business performance. As a result of these announcements, the company's shares have moved 3.4% on the market, and are now trading at a price of $79.99. For more information, read the company's full 8-K submission here.