Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
On February 25, 2021, Uniti Group announced a quarterly cash dividend of $0.15 per share, which will be paid on April 16, 2021, to stockholders of record by April 1, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On February 25, 2021, Uniti Group announced a quarterly cash dividend of $0.15 per share, which will be paid on April 16, 2021, to stockholders of record by April 1, 2021. Uniti, a real estate investment trust, specializes in critical communications infrastructure, owning approximately 6.7 million fiber strand miles across the United States as of September 30, 2020. The dividend declaration reflects the company's ongoing commitment to returning value to its shareholders.
Positive
- Quarterly cash dividend of $0.15 per share demonstrates commitment to shareholder returns.
- Significant asset base with 6.7 million fiber strand miles indicating strong infrastructure capability.
Negative
- None.
Details
News Market Reaction – UNIT
The recorded move for UNIT in the trading session of this news was +1.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LITTLE ROCK, Ark., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Board of Directors declared a quarterly cash dividend of
ABOUT UNITI
Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.
INVESTOR AND MEDIA CONTACTS:
Mark A. Wallace, 501-850-0866
Executive Vice President, Chief Financial Officer & Treasurer
mark.wallace@uniti.com
Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com
FAQ
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