Uniti Group Inc. Common Stock (UNIT)
Uniti Group Inc. (UNIT) is a real estate investment trust (REIT) that specializes in owning and operating communication infrastructure assets. The company primarily leases space on towers, fiber optic networks, and other facilities to wireless carriers, broadband providers, and other telecommunications tenants, supporting their network deployment and expansion needs. Uniti focuses on the development, acquisition, and management of critical digital infrastructure to facilitate high-speed data transmission and connectivity.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 28, 2024 | $0.15 | 2024-06-14 | 2024-06-14 |
| April 12, 2024 | $0.15 | 2024-03-27 | 2024-03-28 |
| January 4, 2024 | $0.15 | 2023-12-14 | 2023-12-15 |
| September 22, 2023 | $0.15 | 2023-09-07 | 2023-09-08 |
| June 30, 2023 | $0.15 | 2023-06-15 | 2023-06-16 |
Dividends Summary
- Uniti Group Inc. Common Stock has issued 37 dividend payments over the past 9 years
- The most recent dividend was paid 449 days ago, on June 28, 2024
- The highest dividend payed out to investors during this period was $0.6 per share
- The average dividend paid during this period was $0.32 per share.
Company News
Uniti Group has successfully completed its merger with Windstream, resulting in both companies becoming indirect, wholly owned subsidiaries. The merger involves stock conversion and plans to combine their debt structures under a single organizational framework.
Uniti Group and Windstream have received final regulatory approvals to complete their merger, with the transaction expected to close after market close on August 1, 2025. The merger will result in Windstream Parent, Inc. being renamed 'Uniti Group Inc.' and listed on Nasdaq under the symbol 'UNIT'.
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The headline numbers for Uniti (UNIT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.