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. Investors 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 Stock Performance

LBRDP stock traded down $0.01 during midday trading on Tuesday, reaching $24.54. The company had a trading volume of 2,317 shares, compared to its average volume of 9,233. The stock has a 50 day moving average price of $24.49 and a 200 day moving average price of $24.71. Liberty Broadband has a fifty-two week low of $23.39 and a fifty-two week high of $26.88.

Liberty Broadband Company Profile

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.