Liberty Broadband Co. Declares Quarterly Dividend of $0.44 (NASDAQ:LBRDP)

Liberty Broadband Co. (NASDAQ:LBRDP) declared a quarterly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.4375 per share on Tuesday, April 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.98%. The ex-dividend date is Monday, March 31st.

Liberty Broadband Price Performance

LBRDP opened at $25.08 on Friday. The stock has a fifty day moving average price of $25.07 and a 200 day moving average price of $24.57. Liberty Broadband has a 1 year low of $21.99 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.