Crown Castle Declares Quarterly Common Stock Dividend
Rhea-AI Summary
Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.47 per common share. This dividend will be payable on September 30, 2022 to shareholders on record by September 15, 2022. The company's Board of Directors will approve future dividends. Crown Castle operates over 40,000 cell towers and 85,000 route miles of fiber, supporting essential communication infrastructures across major U.S. markets.
Positive
- Quarterly cash dividend of $1.47 per share enhances shareholder income.
- Strong portfolio with over 40,000 cell towers and 85,000 route miles of fiber supports growth.
- Continued commitment to dividends indicates company confidence.
Negative
- None.
News Market Reaction – CCI
In the trading session that priced this news, CCI gained 1.82%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, July 25, 2022 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 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
Ben Lowe, SVP & Treasurer
Crown Castle International Corp.
713-570-3050
