UNIT / Uniti: 14% Yielding Debt A Far Better Option Than The Equity

Skepticism about buying Uniti Group Inc. due to weak financial footing and lack of growth prospects. High debt risk and potential financial distress p more_horizontal

Uniti's stock has performed relatively well compared to other REITs, with a small negative total return. Q2-2023 numbers were steady on revenues but A more_horizontal

LITTLE ROCK, Ark., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quart more_horizontal

LITTLE ROCK, Ark., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Ch more_horizontal

Uniti Group Inc., a REIT specializing in infrastructure for the communications industry, has seen its stock value decrease by 42% over the past year. more_horizontal

Uniti (UNIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal

Despite impaired financial results in the first quarter of 2023, the company's Board of Directors managed to declare a 1Q 2023 cash dividend of $0.15 more_horizontal

Uniti owns fiber optic cables and other telecom assets. The REIT's adjusted funds from operations payout ratio in 2022 was a very low 34%. more_horizontal