Uniti Group Inc.
S&P 500UNIT/Real Estate · REIT - Specialty/NASDAQ
Dividend Yield
5.35%
$0.60 · Annual Dividend
Dividend Safety Rating
UNIT's dividend shows some areas that warrant monitoring. Strengths include a 0.0% earnings payout ratio & 0.0% fcf payout ratio. Areas of concern: 3.0x interest coverage & 82.8% net debt / total assets. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.
Based on 14 of 15 metrics
Strengths
- Earnings Payout Ratio: 0.0%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 0.0%Free cash flow comfortably covers the dividend.
- Return on Equity: 328.3%Strong return on equity reflects efficient profit generation.
Risks
- Net Debt / Total Assets: 82.8%Net debt is high relative to total assets.
- Debt-to-Equity: 3476.1Debt-to-equity is elevated for the sector.
- Profit Margin Stability: UnstableProfit margins have been volatile.
Payout & Coverage
SafeBalance Sheet
WarningProfitability
SafeDividend Track Record
CautionAbout Uniti Group Inc.
Uniti Group Inc. is a leading telecommunications company specializing in fiber-based communications infrastructure across the United States. Established in 2015, Uniti operates as a real estate investment trust focused on acquiring and building mission-critical fiber networks essential for supporting the digital economy. The company manages a vast fiber footprint with over 217,000 fiber route miles connecting approximately 300 metropolitan markets and more than 325,000 buildings nationwide. Uniti offers a comprehensive portfolio of connectivity solutions including wholesale dark fiber services, high-capacity wavelengths, ethernet, and cell site backhaul catering to carriers, hyperscalers, government entities, and large enterprises. Its business divisions—Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions—deliver high-speed internet, managed cloud services, security, and enterprise networking to businesses and homes, particularly in small and medium-sized communities. By combining substantial communication assets such as fiber strands, wireless towers, and data centers with expert support teams, Uniti Group empowers more than a million customers with reliable, scalable network connectivity and advanced telecommunications services, positioning itself as a vital infrastructure provider in the evolving digital landscape.
Dividend Overview
Dividend Yield
5.35%
Annual Dividend
$0.60
Frequency
Quarterly
Payout Ratio
0.00%
FCF Payout Ratio
0.00%
52-Week Range
$5.30 - $12.94
Dividend History (2016–2025)
UNIT annual dividend per share and yield history
Earnings & Profitability
UNIT earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 14, 2024
Last Payment Date
June 28, 2024
Dividend Growth
3-Year Dividend CAGR
-20.63%
5-Year Dividend CAGR
-4.11%
10-Year Dividend CAGR
N/A
3-Year Total Growth
-50.00%
5-Year Total Growth
-18.92%
10-Year Total Growth
N/A
Income Calculator
Frequently Asked Questions
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How is UNIT's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.