GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Shares Set to Pay Quarterly Dividend of $0.38

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) declared a quarterly dividend on Tuesday, November 10th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.3750 per share on Tuesday, December 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Monday, November 30th.

GCI Liberty, Inc. – Series A GCI Group Stock Performance

NASDAQ GLIBA opened at $27.43 on Wednesday. The company has a market cap of $787.24 million, a P/E ratio of 9.85 and a beta of -0.67. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.85 and a current ratio of 2.85. The business’s 50 day moving average price is $23.42 and its 200-day moving average price is $28.41. GCI Liberty, Inc. – Series A GCI Group has a fifty-two week low of $19.30 and a fifty-two week high of $41.87.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.18). The company had revenue of $267.00 million for the quarter. GCI Liberty, Inc. – Series A GCI Group had a net margin of 7.36% and a return on equity of 4.46%. Sell-side analysts predict that GCI Liberty, Inc. – Series A GCI Group will post 2.36 earnings per share for the current year.

About GCI Liberty, Inc. – Series A GCI Group

GCI Liberty, Inc. was a telecommunications holding company whose primary operating business was GCI, an Alaska-based provider of communications services. Through GCI, the company offered wireless and wireline voice, internet, data, and video services to residential, business, government, and wholesale customers across Alaska. GCI Liberty was formed in 2018 and ceased to operate as a standalone public company after merging with Liberty Broadband in 2020. Its former Series A shares traded on Nasdaq under the symbol GLIBA.