Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
Uniti Group announced a quarterly cash dividend of $0.15 per share, payable on July 10, 2020, to shareholders recorded by June 26, 2020.
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 announced a quarterly cash dividend of $0.15 per share, payable on July 10, 2020, to shareholders recorded by June 26, 2020. This dividend reflects the company's ongoing commitment to return value to its shareholders.
As of March 31, 2020, Uniti owns approximately 6.3 million fiber strand miles and 700 wireless towers, establishing itself as a leader in the communications infrastructure sector.
Positive
- Quarterly cash dividend declared at $0.15 per share.
- Dividend payment reflects ongoing commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – UNIT
The recorded move for UNIT in the trading session of this news was +18.79%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LITTLE ROCK, Ark., May 11, 2020 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced that its Board of Directors declared a quarterly cash dividend today 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, 2020, Uniti owns 6.3 million fiber strand miles, approximately 700 wireless towers, 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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