UNIT News and Press, Uniti Group Inc. From 05/27/23

2023-05-27 08:05:00 ET Summary Billionaire Charlie Munger recently warned investors. He said that commercial real estate is facing severe challenges. We discuss the implications for REITs. Recently, I wrote an article entitled " Billionaire Investor Says 'Buy REI...

2023-05-24 18:02:06 ET Summary The sector got pounded hard today. The biggest decliners fell over 10%. Brief commentary on each stock. Several losers. A few great contrarian picks, though. It's a beautiful day for investors looking for a sale, but carnage for eve...

LITTLE ROCK, Ark., May 24, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the Nareit 2023 REITweek Investor Conference. The presentation is scheduled for 1...

2023-05-24 12:03:00 ET Gainers: The Necessity Retail REIT ( RTL ) +19% . Highland Funds I - Highland Income Fund ( HFRO ) +8% . Applied Digital ( APLD ) +7% . Losers: Global Net Lease ( GNL ) -12% . City Office REIT ( CIO ...

2023-05-23 09:45:00 ET Summary Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack. My dividend income in April amounted to a record $755. Th...

2023-05-20 00:13:17 ET Summary Despite impaired financial results in the first quarter of 2023, the company’s Board of Directors managed to declare a 1Q 2023 cash dividend of $0.15 per share. Also, for the second quarter of 2023, the Board of Directors declared a cash divid...

LITTLE ROCK, Ark., May 18, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations and Treasury, Bill DiTullio, are scheduled to ...

2023-05-16 15:02:56 ET Summary REITs are facing an "existential crisis" according to some investors. They claim that REITs will go bankrupt as they fail to refinance their debt. We look into these claims and share our thoughts. Recently, someone told me that "your RE...

LITTLE ROCK, Ark., May 11, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the deployment of a 100G+ MPLS Core that extends throughout the majority of its Southeastern fiber footprint, including Louisiana, Mississippi...

2023-05-10 09:03:00 ET Real estate investment trust Uniti Group (NASDAQ: UNIT) was spun off from Windstream to own the telecommunications company's fiber optic assets. The two companies are still tied at the hip, which goes a long way toward explaining Uniti's huge 18% dividend yiel...