Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
Uniti Group declared a quarterly cash dividend of $0.15 per share, set to be paid on April 15, 2022, to shareholders on record as of April 1, 2022.
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 declared a quarterly cash dividend of $0.15 per share, set to be paid on April 15, 2022, to shareholders on record as of April 1, 2022. The company, a real estate investment trust, specializes in critical communications infrastructure with approximately 126,000 fiber route miles and 7.5 million fiber strand miles across the U.S. This announcement underscores Uniti's commitment to returning value to its investors while expanding its telecommunications footprint.
Positive
- Quarterly cash dividend of $0.15 per share enhances shareholder value.
- Strong infrastructure ownership with 126,000 fiber route miles and 7.5 million fiber strand miles indicates robust operational capacity.
Negative
- None.
Details
News Market Reaction – UNIT
The recorded move for UNIT in the trading session of this news was +13.84%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LITTLE ROCK, Ark., Feb. 24, 2022 (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 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
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