Liberty Broadband’s LBRDP Prepares for Upcoming Ex-Dividend Date
On March 31, 2025, Liberty Broadband Corp’s Series A Cumulative Redeemable Preferred Stock (Symbol: LBRDP) will go ex-dividend, announcing its quarterly dividend of $0.4375. This payment will be made on April 15, 2025. Based on LBRDP’s recent share price of $24.98, this dividend equates to around 1.75%. Consequently, investors can expect LBRDP shares to open approximately 1.75% lower when trading resumes on March 31, 2025, all else being equal. Annually, this yields around 7.01%, significantly higher than the average yield of 5.69% in the “Communications Services” preferred Stock category, as reported by Preferred Stock Channel.
The chart below illustrates the one-year performance of LBRDP shares in comparison to LBRDK:
Additionally, the dividend history chart for LBRDP depicts the payments prior to the recent $0.4375 dividend:
As of Thursday’s trading, Liberty Broadband Corp’s Series A Cumulative Redeemable Preferred Stock (Symbol: LBRDP) is trading flat on the day, whereas the common shares (Symbol: LBRDK) have declined by about 1.2%.
Click here to explore which S.A.F.E. dividend stocks also feature preferred shares worth considering.
also see:
- Specialty Retail Dividend Stocks
- ZZ Videos
- Institutional Holders of IBDU
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.