ENGLEWOOD, Colo.--(BUSINESS WIRE)--Jun. 21, 2018--
GCI Liberty, Inc. (“GCI Liberty”) (Nasdaq: GLIBA, GLIBP) today announced
that its Board of Directors declared a quarterly cash dividend of
$0.31250001 per share of Series A Cumulative Redeemable Preferred Stock
(the “Preferred Stock”), payable in cash on July 16, 2018 to
stockholders of record of its Series A Cumulative Redeemable Preferred
Stock (the “Preferred Stock”) at the close of business on July 2, 2018.
Effective after this dividend payment date of July 16, 2018, the
dividend rate on the Preferred Stock will increase from 5% to 7% as a
result of GCI Liberty’s reincorporation in the State of Delaware in May.
About GCI Liberty, Inc.
GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) operates and owns interests in
a broad range of communications businesses. GCI Liberty’s principal
assets consist of its subsidiary GCI and interests in Charter
Communications and Liberty Broadband Corporation. GCI is Alaska’s
largest communications provider, providing data, wireless, video, voice
and managed services to consumer and business customers
throughout Alaska and nationwide. GCI has delivered services for nearly
40 years to some of the most remote communities and in some of the most
challenging conditions in North America. GCI Liberty’s other businesses
and assets consist of its subsidiary Evite and its interest in Lending
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Source: GCI Liberty, Inc.
GCI Liberty, Inc.
Courtnee Chun, 720-875-5420