Crown Castle Announces Tax Reporting Information for 2024 Distributions

Rhea-AI Summary

Crown Castle (NYSE: CCI) has released its tax reporting information for 2024 distributions. The company paid quarterly dividends of $1.565 per share throughout 2024, with payments made in March, June, September, and December. Each quarterly distribution consisted of $0.884582 per share in ordinary taxable dividends (including $0.018596 qualified taxable dividend and $0.865986 Section 199A dividend) and $0.680418 per share in non-taxable distribution.

The company confirmed there was no Unrecaptured Section 1250 Gain or long-term capital gain during the calendar year 2024. Shareholders are advised to consult their personal tax advisors regarding the specific tax treatment of these distributions.

Positive

• Consistent quarterly dividend payments of $1.565 per share throughout 2024
• Significant portion of distribution (43.5%) classified as non-taxable

Negative

• None.

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today certain year-end tax reporting information for its 2024 distributions.

The following table summarizes, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock, par value $.01 per share (“Common Stock”), presented on a per share basis, during the calendar year ended December 31, 2024. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment of Crown Castle’s distributions.

Crown Castle Common Stock
Ticker Symbol: CCI
CUSIP 22822V101

Record Date	Payable Date	Cash Distribution (per share)		Ordinary Taxable Dividend (per share)		Qualified Taxable Dividend (per share)*		Section 199A Dividend (per share)*		Non-Taxable Distribution (per share)
3/15/2024	3/28/2024	$1.565000		$0.884582		$0.018596		$0.865986		$0.680418
6/14/2024	6/28/2024	$1.565000		$0.884582		$0.018596		$0.865986		$0.680418
9/13/2024	9/30/2024	$1.565000		$0.884582		$0.018596		$0.865986		$0.680418
12/13/2024	12/31/2024	$1.565000		$0.884582		$0.018596		$0.865986		$0.680418

*Qualified taxable dividend and section 199A dividend amounts included in ordinary taxable dividend amount.

Notes:

• During the calendar year ended December 31, 2024, there was no Unrecaptured Section 1250 Gain and no long-term capital gain.
  

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

CONTACTS

Dan Schlanger, CFO Kris Hinson, VP Corp. Fin & Treasurer Crown Castle Inc. 713-570-3050

FAQ

What was Crown Castle's (CCI) dividend per share in 2024?

Crown Castle paid quarterly dividends of $1.565 per share in 2024, totaling $6.26 per share annually.

How much of CCI's 2024 dividend was classified as ordinary taxable dividend?

Each quarterly distribution included $0.884582 per share in ordinary taxable dividends.

What portion of Crown Castle's 2024 dividend was non-taxable?

$0.680418 per share of each quarterly distribution was classified as non-taxable.

When were Crown Castle's (CCI) dividends paid in 2024?

Crown Castle paid dividends on March 28, June 28, September 30, and December 31, 2024.

What was the Section 199A dividend amount for CCI in 2024?

The Section 199A dividend amount was $0.865986 per share for each quarterly distribution.