PHOENIX--(BUSINESS WIRE)--The Board of Directors of Cable One, Inc. (NYSE: CABO) declared a quarterly cash dividend of $1.75 per share, an increase of $0.25 per share in the company’s quarterly cash dividend. The dividend is payable on September 1, 2017, to stockholders of record at the close of business on August 15, 2017.
“This dividend increase reflects our Board’s belief in our strategic plan and our ability to generate cash while still driving sustainable growth and delivering long-term value for our shareholders,” said Julie Laulis, President & CEO of Cable ONE.
About Cable ONE
Cable One, Inc. (NYSE: CABO) is the seventh-largest cable company in the United States. Serving more than 800,000 customers in 21 states with high-speed internet, cable television and telephone service, Cable ONE provides consumers with a wide range of the latest products and services, including wireless internet service, high-definition programming and phone service with free, unlimited long-distance calling in the continental U.S.