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 481 days ago, on June 28, 2024
- The highest dividend payed out to investors during this period was $0.60 per share
- The average dividend paid during this period was $0.32 per share.
Company News
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.
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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.