Frontier Communications (FTR) Misses Q1 EPS by 6c, In-Line Revenues; Reiterates FY17 Guidance
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Cowen Downgrades Frontier Communications (FTR) to Market Perform; Div Cut Doesn't Changes Weak Fundamentals
May 3, 2017 6:47 AM EDTCowen downgraded Frontier Communications (NASDAQ: FTR) from Outperform to Market Perform with a price target of $2.00 (from $4.00).
Analyst Gregory Williams said the dividend cut was the right move for financial flexibility, but does little to solve fundamental issues that they'd hoped would've been... More
Frontier Communications (FTR) Declares $0.04 Quarterly Dividend; 8.3% Yield
May 2, 2017 4:02 PM EDTFrontier Communications (NASDAQ: FTR) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.
The dividend will be payable on June 30, 2017, to stockholders of record on June 15, 2017, with an ex-dividend date of June 13, 2017.
The annual yield on the dividend is 8.3 percent.
For a... More
