Uniti Group Inc. Common Stock
UNITUniti 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
- Consistent Payer: Uniti Group Inc. Common Stock has rewarded shareholders with 37 dividend payments over the past 9 years.
- Total Returned Value: Investors who held UNIT shares during this period received a total of $11.91 per share in dividend income.
- Latest Payout: The most recent dividend of $0.15/share was paid 574 days ago, on June 28, 2024.
- Yield & Schedule: UNIT currently pays dividends quarterly with an annual yield of 7.80%.
- Dividend Growth: Since 2015, the dividend payout has decreased by 66.0%, from $0.44 to $0.15.
- Dividend Reliability: UNIT has maintained or increased its dividend for 18 consecutive payments.
Company News
Uniti Group Inc. announced the pricing of $1.0 billion aggregate principal amount of 8.625% senior notes due 2032, upsized from the initially planned $500 million offering. The notes will be issued at 100.25% and are expected to close on February 4, 2026. Net proceeds will be used to repay borrowings under Uniti Services' senior secured first lie...
Uniti Group Inc. announced that its subsidiary Kinetic ABS Issuer LLC has priced $960.1 million in secured fiber network revenue term notes across three classes with rates ranging from 5.219% to 7.653%, expected to close January 30, 2026. The notes are secured by residential fiber network assets in Arkansas, Georgia, Kentucky, Ohio, and Texas. Un...
Uniti Group has priced a $250 million secured fiber network revenue term notes offering, consisting of three note classes with varying interest rates, secured by fiber network assets across six southeastern U.S. states.
Kinetic, a fiber internet provider, donated $7,500 to the Lincoln County Community Foundation and Food Bank to support Ruidoso residents recovering from recent fires and floods, while also launching a new fiber-optic network covering 8,000 locations.
Kinetic, a fiber internet provider, donated $5,000 to Lincoln County Community Foundation and $2,500 to Lincoln County Foodbank to support Ruidoso's recovery from recent fires and floods. The company also launched a new fiber-optic network covering 8,000 locations, making Ruidoso a 'Gig-Ready' community.
