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

Liberty Broadband Co. (NASDAQ:LBRDP) declared a quarterly dividend on Friday, May 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.4375 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Tuesday, June 30th.

Liberty Broadband Stock Up 1.2%

Shares of Liberty Broadband stock opened at $21.65 on Friday. Liberty Broadband has a 12 month low of $21.05 and a 12 month high of $25.55. The business has a fifty day simple moving average of $22.05 and a 200 day simple moving average 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.