American Tower Corporation Declares Quarterly Distribution

Rhea-AI Summary

American Tower Corporation (AMT) declares quarterly cash distribution of $1.57 per share on common stock.

Positive

• AMT announces quarterly cash distribution of $1.57 per share, payable on July 10, 2023.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today announced that its board of directors has declared its quarterly cash distribution of $1.57 per share on shares of the Company’s common stock. The distribution is payable on July 10, 2023 to the stockholders of record at the close of business on June 16, 2023.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 226,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” sections of our investor relations website at www.americantower.com.

Cautionary Language Regarding Forward-Looking Statements

This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth in Item 1A of its Form 10-K for the year ended December 31, 2022 under the caption “Risk Factors.” The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230525005112/en/

Adam Smith

Senior Vice President, Investor Relations

Telephone: (617) 375-7500

Source: American Tower Corporation

What is the cash distribution declared by American Tower Corporation?

American Tower Corporation has declared a quarterly cash distribution of $1.57 per share on its common stock.

When will the cash distribution be payable?

The cash distribution will be payable on July 10, 2023.

Who will receive the cash distribution?

The cash distribution will be received by the stockholders of American Tower Corporation.

What is the record date for the cash distribution?

The record date for the cash distribution is June 16, 2023.