Uniti Group Inc. - Common Stock (UNIT)

Uniti Group announces a 20-year contract for a major long-haul fiber project connecting key data centers, while also recently pricing a $589M note offering to support its expansion.

Uniti Group shares are trading lower by 11.2% during Monday's session. The company announced plans for a $300 million offering.

UNIT stock results show that Uniti Group missed on revenue for the first quarter of 2024.

Companies Reporting Before The Bell • Frontline (NYSE:FRO) is expected to report quarterly earnings at $0.46 per share on revenue of $276.19 million.

The combination of lower demand and higher costs created substantial headwinds for growth and dividend distributions. As a result, many REITs cut or suspended their dividends in 2024.

ETFs offer a good way to own a diversified portfolio of income-producing equities.

When it comes to the following seven REITs to sell, take heed of the Wall Street adage, "sell in May and go away."

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Investors eagerly anticipate the dividend payout from Global Self Storage (NASDAQ:SELF) on December 28, 2023. With a payout of $0.07 per share and an annualized dividend yield of 6.33%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 14, 2023