Cable ONE (CABO) Raises Quarterly Dividend 14.3% to $2.00; 1.1% Yield

Cable ONE (NYSE: CABO) declared a quarterly dividend of $2.00 per share, or $8 annualized. This is a 14.3% increase from the prior dividend of $1.75.

The dividend will be payable on September 7, 2018, to stockholders of record on August 21, 2018, with an ex-dividend date of August 20, 2018.

The annual yield on the dividend is 1.1 percent.

“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.”

For a dividend history and other dividend-related data on Cable ONE (CABO) click here.

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