Dividend Action: Dec 2, 2016 will mean $1.50 dividends for Cable One, Inc. (NYSE:CABO) shareholders.

Dividend Action: Dec 2, 2016 will mean $1.50 dividends for Cable One, Inc. (NYSE:CABO) shareholders.

Cable One, Inc. (NYSE:CABO) is expected to pay $1.50 on Dec 2, 2016. The indicated annual dividend is $6.00. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Cable One, Inc.’s current price of $586.86, the dividend is 0.26%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 2, 2016. The stock increased 1.30% or $7.55 during the last trading session, hitting $586.86. Cable One Inc (NYSE:CABO) has risen 33.83% since April 7, 2016 and is uptrending. It has outperformed by 29.05% the S&P500.

Cable One, Inc. is a provider of data, video and voice services in approximately 20 Western, Midwestern and Southern states. The company has a market cap of $3.38 billion. The Company’s products include Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. It has a 33.85 P/E ratio. It provides these broadband services to residential and business clients in approximately 40 cable systems covering over 400 cities and towns.

CABO Company Profile

Cable One, Inc., incorporated on November 16, 1994, is a well-known provider of data, video and voice services in approximately 20 Western, Midwestern and Southern states. The Company’s products include Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. The Firm provides these broadband services to residential and business clients in approximately 40 cable systems covering over 400 cities and towns. The markets it serves are non-metropolitan, secondary markets, with its clients located in approximately five states: Mississippi, Idaho, Oklahoma, Texas and Arizona. The Company’s biggest customer concentrations are in the Mississippi Gulf Coast region and in the greater Boise, Idaho region. The Firm is the cable system operator in the United States making services available to approximately 1,644,000 homes in the United States. The Firm provides service to approximately 664,600 residential and business clients out of over 1,644,000 homes passed. Of these customers, approximately 501,240 subscribed to data services, over 364,150 to video services and approximately 127,090 to voice services. The Company’s billing system generally counts each unit in a multi-dwelling unit (MDU) as one home passed.

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