STOCK TITAN

Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend

Uniti Group has declared a quarterly cash dividend of $0.15 per share, payable on January 3, 2022 to shareholders of record as of December 17, 2021.

(Neutral)

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.

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dividends

Rhea-AI Summary

Uniti Group has declared a quarterly cash dividend of $0.15 per share, payable on January 3, 2022 to shareholders of record as of December 17, 2021. As of September 30, 2021, Uniti owns approximately 126,000 fiber route miles and 7.5 million fiber strand miles, positioning itself as a leader in communications infrastructure.

Uniti is focused on acquiring and constructing mission-critical assets, marking a significant commitment to its growth and the communications industry.

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Positive

  • Quarterly cash dividend of $0.15 per share announced.
  • Demonstrates company commitment to returning value to shareholders.
  • Strong ownership of communications infrastructure with 126,000 fiber route miles.

Negative

  • None.
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-2.25% session move Open Argus
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News Market Reaction – UNIT

The recorded move for UNIT in the trading session of this news was -2.25%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LITTLE ROCK, Ark., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on January 3, 2022 to stockholders of record on December 17, 2021.

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 fiber and other wireless solutions for the communications industry. As of September 30, 2021, Uniti owns approximately 126,000 fiber route miles, 7.5 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:

Paul Bullington, 251-662-1512
Senior Vice President, Chief Financial Officer & Treasurer
paul.bullington@uniti.com

Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Uniti Group?

Uniti Group declared a quarterly cash dividend of $0.15 per share.

When is the dividend payable for Uniti Group?

The dividend is payable on January 3, 2022.

What is the record date for the dividend payment by Uniti Group?

The record date for the dividend payment is December 17, 2021.

How much fiber infrastructure does Uniti Group own?

Uniti Group owns approximately 126,000 fiber route miles and 7.5 million fiber strand miles.

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