Shares of Liberty Broadband Co. (NASDAQ:LBRDP – Get Free Report) shot up 0.1% during trading on Friday . The stock traded as high as $25.00 and last traded at $24.93. 5,256 shares were traded during mid-day trading, a decline of 50% from the average session volume of 10,592 shares. The stock had previously closed at $24.91.
Liberty Broadband Stock Up 0.1%
The firm’s fifty day moving average price is $24.88 and its 200 day moving average price is $24.68.
Liberty Broadband Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Tuesday, September 30th.
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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