Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
Uniti Group Inc. (Nasdaq: UNIT) announced a quarterly cash dividend of $0.15 per share, payable on October 1, 2021 to stockholders of record on September 17, 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
Uniti Group Inc. (Nasdaq: UNIT) announced a quarterly cash dividend of $0.15 per share, payable on October 1, 2021 to stockholders of record on September 17, 2021. Uniti specializes in acquiring and building communications infrastructure, boasting over 125,000 fiber route miles and 7.0 million fiber strand miles nationwide as of March 31, 2021. The company is a prominent player in providing wireless infrastructure solutions, positioning itself as an essential provider in the communications industry.
Positive
- Quarterly dividend of $0.15 per share demonstrates confidence in cash flow.
- Strong asset base with over 125,000 fiber route miles supports long-term growth.
Negative
- None.
Details
News Market Reaction – UNIT
The recorded move for UNIT in the trading session of this news was +1.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LITTLE ROCK, Ark., Aug. 03, 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 March 31, 2021, Uniti owns over 125,000 fiber route miles, approximately 7.0 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:
Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com
FAQ
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