GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) has announced that its board of directors declared a special cash dividend which will be payable on May 3, 2018 to shareholders of record of its Series A Cumulative Redeemable Preferred Stock at the close of business on April 13, 2018, the company said.
The Special Dividend is approximately USD 0.13 per share of Preferred Stock.
GCI Liberty expects to pay regular quarterly dividends on the Preferred Stock beginning with the payment date of July 15, 2018.
GCI Liberty operates and owns interests in a broad range of communications businesses. GCI Liberty´s principal assets consist of its subsidiary GCI and interests in Charter Communications and Liberty Broadband Corporation. GCI is the largest communications provider in Alaska, providing data, wireless, video, voice and managed services to consumer and business customers throughout Alaska and nationwide. GCI has delivered services for nearly 40 years to some of the most remote communities and in some of the most challenging conditions in North America. GCI Liberty´s other businesses and assets consist of its subsidiary Evite and its interest in Lending Tree.