Liberty Broadband's Series A Preferred Stock Shares Cross 7.5% Yield Mark
August 23, 2024 at 14:12 PM EDT
In trading on Friday, shares of Liberty Broadband Corp's Series A Cumulative Redeemable Preferred Stock (LBRDP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $23.31 on the day. This compares to an average yield of 6.67% in the "Communications Services" preferred stock category, according to Preferred Stock Channel..