Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
Rhea-AI Summary
Uniti Group Inc. (UNIT) declared a quarterly cash dividend of $0.15 per share, set to be paid on July 2, 2021, to shareholders on record as of June 18, 2021. This decision highlights Uniti's commitment to returning value to its investors while maintaining its position as a leading provider of mission-critical communications infrastructure.
As of December 31, 2020, Uniti boasts over 123,000 fiber route miles and 6.9 million fiber strand miles across the United States.
Positive
- Quarterly cash dividend of $0.15 per share enhances income for shareholders.
- Indicates company confidence in ongoing operations and financial stability.
Negative
- None.
News Market Reaction – UNIT
In the trading session that priced this news, UNIT declined 0.85%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LITTLE ROCK, Ark., May 04, 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 December 31, 2020, Uniti owns over 123,000 fiber route miles, approximately 6.9 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