Liberty Broadband Corp's Series A Cumulative Redeemable Preferred Stock Crosses Above 7.5% Yield Territory

LBRDP (Liberty Broadband Corp Series A Cumulative Redeemable Preferred) was yielding above 7.5% based on a quarterly dividend annualized to $1.75. Shares traded as low as $23.30 intraday. This is a factual market update on yield and price for the preferred issue; no corporate actions or guidance were reported.

Analysis

LBRDP (Liberty Broadband Corp Series A Cumulative Redeemable Preferred) was yielding above 7.5% based on a quarterly dividend annualized to $1.75. Shares traded as low as $23.30 intraday. This is a factual market update on yield and price for the preferred issue; no corporate actions or guidance were reported.