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Liberty Global LiLAC Declares 9% Preference Share Dividend

Story Highlights
  • On May 21, 2026, Liberty Latin America declared a special dividend of new 9.0% Series A Preference Shares, granting one $25 liquidation-price share for every ten common shares, equal to $2.50 per common share and about $500 million in aggregate liquidation preference.
  • The largely non-voting Series A Preference Shares will pay 9.0% cumulative quarterly dividends starting September 15, 2026, are expected to list on Nasdaq as LILAP, and will be distributed on June 16, 2026, subject to regulatory and listing conditions, with key executives planning long-term ownership.
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Liberty Global LiLAC Declares 9% Preference Share Dividend

Meet Samuel – Your Personal Investing Prophet

Liberty Global LiLAC ( (LILA) ) has issued an update.

On May 21, 2026, Liberty Latin America announced that its board committee had declared a special dividend of newly issued 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preference Shares. Shareholders will receive one preference share, with a $25 initial liquidation price, for every ten common shares held, equivalent to $2.50 in liquidation preference per common share and about $500 million in aggregate liquidation preference.

The Series A Preference Shares, which are largely non-voting, will pay cumulative quarterly cash dividends at an annual rate of 9.0% starting on September 15, 2026, and are expected to trade on the Nasdaq Global Select Market under the symbol LILAP. The record date for the special dividend is June 1, 2026, with distribution set for June 16, 2026, subject to conditions including registration, Nasdaq listing approval, and no revocation by the board, while senior leaders including John C. Malone, Mike Fries, and Balan Nair have signaled plans to hold the new securities long term.

The most recent analyst rating on (LILA) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Liberty Global LiLAC stock, see the LILA Stock Forecast page.

Spark’s Take on LILA Stock

According to Spark, TipRanks’ AI Analyst, LILA is a Neutral.

The score is held back primarily by weak profitability and an exceptionally leveraged balance sheet, with additional pressure from a technically weak price trend. This is partly offset by positive cash generation and a generally constructive earnings narrative focused on operational improvement and cost/capex discipline, though near-term hurricane and Puerto Rico leverage risks remain notable.

To see Spark’s full report on LILA stock, click here.

More about Liberty Global LiLAC

Liberty Latin America is a communications company operating in more than 20 countries across Latin America and the Caribbean under the BTC, Flow, Liberty, and Más Móvil brands. It provides residential and business customers with digital video, broadband internet, telephony, and mobile services, as well as enterprise connectivity, data center, hosting, managed solutions, and IT services, supported by a subsea and terrestrial fiber network linking over 30 markets.

Average Trading Volume: 295,391

Technical Sentiment Signal: Sell

Current Market Cap: $1.53B

See more insights into LILA stock on TipRanks’ Stock Analysis page.

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