Liberty Broadband Co. (NASDAQ:LBRDP) to Issue Dividend Increase – $0.44 Per Share

Liberty Broadband Co. (NASDAQ:LBRDP) announced a quarterly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.4375 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 0.0% increase from Liberty Broadband’s previous quarterly dividend of $0.44.

Liberty Broadband Price Performance

LBRDP stock opened at $24.53 on Wednesday. The company’s 50-day moving average is $24.49 and its 200-day moving average is $24.71. Liberty Broadband has a 1 year low of $23.39 and a 1 year high of $26.88.

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.