Embrace the Cash Flow
Prepare for the upcoming financial tango as Liberty Broadband Corp’s Series A Cumulative Redeemable Preferred Stock (Symbol: LBRDP) gears up to trade ex-dividend on 3/28/24. Investors should keep a keen eye on this quarterly dividend of $0.4375, set to be paid out on 4/15/24.
Delving into Dividend Details
As this distribution represents 1.84% against LBRDP’s recent share price of $23.78, a discernible shift of 1.84% downwards in LBRDP’s trading position is expected on 3/28/24. The current annual yield stands strong at approximately 7.42%, outshining the common 6.37% yield in the “Communications Services” preferred stock domain, as revealed by insights from Preferred Stock Channel.
Charting the Course
Take a peek at the performance voyage of LBRDP shares over the past year, juxtaposed with LBRDK:
Indulge in a historical recap as we unveil the dividend history chart for LBRDP, leading up to the most recent $0.4375 dividend on Liberty Broadband Corp’s Series A Cumulative Redeemable Preferred Stock:
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday’s trading spectacle, Liberty Broadband Corp’s Series A Cumulative Redeemable Preferred Stock (Symbol: LBRDP) basks in a 0.8% day-gain, while the common shares (Symbol: LBRDK) shy away with a 0.9% retreat in performance.
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