LBRDB - An 8.4% Yield From Charter? Buy Liberty Broadband Preferred Stock
2024-02-04 10:30:00 ET
Summary
- Charter’s largest shareholder, Liberty Broadband has a tiny amount of Preferred stock outstanding, which pays an 8.4% yield to maturity.
- In addition, the Preferred has some rare, but very attractive features for income investors.
- A small short-term bounce is likely, since Charter’s issues almost don’t affect the Preferred.
How to get a dividend from Charter
Few investors know that they can actually reap a dividend from Charter ( CHTR ), although not in a standard, straightforward manner....
An 8.4% Yield From Charter? Buy Liberty Broadband Preferred Stock