Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report)’s share price rose 0.2% on Tuesday after the company announced a dividend. The company traded as high as $24.58 and last traded at $24.41. Approximately 17,451 shares traded hands during trading, an increase of 65% from the average daily volume of 10,591 shares. The stock had previously closed at $24.37.
The newly announced dividend which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.4375 per share. The ex-dividend date is Monday, September 30th. This represents a $1.75 annualized dividend and a dividend yield of 7.17%.
Liberty Broadband Stock Up 0.2 %
The company has a 50 day moving average of $23.23 and a 200 day moving average of $23.14.
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.
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