PHOENIX–(BUSINESS WIRE)–The Board of Directors of Cable One, Inc. (NYSE: CABO) declared a quarterly cash dividend of $2.00 per share, an increase of $0.25 per share in the company’s quarterly cash dividend. The dividend is payable on September 7, 2018, to stockholders of record at the close of business on August 21, 2018.
“We are pleased that the financial strength of our company has allowed us to increase our quarterly dividend,” said Julie Laulis, President & CEO of Cable ONE. “This demonstrates not only our Board’s confidence in our growth strategy but our commitment to return value to our shareholders.”
About Cable ONE
Cable ONE (NYSE: CABO) is among the 10 largest cable companies in the United States and a leading broadband communications provider. Serving residential and business customers in 21 states, Cable ONE provides consumers with a wide array of communications and entertainment services, including high-speed internet and advanced Wi-Fi solutions, cable television and phone service. Cable ONE Business provides scalable and cost-effective products for businesses ranging in size from small to mid-market, in addition to enterprise, wholesale and carrier customers.
Source: Business Wire Entertainment News