Shares of Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report) traded down 0.3% on Friday . The company traded as low as $23.95 and last traded at $23.99. 6,427 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 11,842 shares. The stock had previously closed at $24.07.
Liberty Broadband Price Performance
The company has a 50-day moving average price of $24.10 and a 200-day moving average price of $23.43.
Liberty Broadband Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.4375 per share. The ex-dividend date was Monday, September 30th. This represents a $1.75 annualized dividend and a dividend yield of 7.29%.
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.
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