Cable ONE (CABO) will raise its quarterly dividend to $1.75 per share.

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.

Cable ONE (NYSE: CABO) is a cable company and broadband communications provider. Cable ONE provides consumers with communications and entertainment services, including high-speed internet and advanced Wi-Fi solutions, cable television and phone service. Cable ONE Business provides scalable and cost-effective products for businesses ranging in size from small to mid-market, in addition to enterprise, wholesale and carrier customers.