Liberty Broadband (NASDAQ:LBRDP) Trading Down 0.3% – Should You Sell?

Liberty Broadband Co. (NASDAQ:LBRDPGet Free Report) was down 0.3% during trading on Monday . The stock traded as low as $24.37 and last traded at $24.37. Approximately 2,637 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 10,126 shares. The stock had previously closed at $24.45.

Liberty Broadband Price Performance

The company has a 50 day simple moving average of $24.79 and a 200 day simple moving average of $24.64.

Liberty Broadband Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.4375 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.75 annualized dividend and a yield of 7.2%.

About Liberty Broadband

(Get Free Report)

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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