Frontier Communications (FTR) Misses Q1 EPS by 6c, In-Line Revenues; Reiterates FY17 Guidance

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Go back to Frontier Communications (FTR) Misses Q1 EPS by 6c, In-Line Revenues; Reiterates FY17 Guidance

Cowen Downgrades Frontier Communications (FTR) to Market Perform; Div Cut Doesn't Changes Weak Fundamentals

May 3, 2017 6:47 AM EDT

Cowen 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 EDT

Frontier 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