Crown Castle Declares Quarterly Common Stock Dividend

Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.47 per common share.

(Low)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

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.

Argus Session date unavailable

+1.82% session move Open Argus

Details

News Market Reaction – CCI

The recorded move for CCI in the trading session of this news was +1.82%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

07/25/2022 - 04:30 PM EDT

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 $1.47 per common share. The quarterly dividend will be payable on September 30, 2022 to common stockholders of record at the close of business on September 15, 2022. Future dividends are subject to the approval of Crown Castle’s Board of Directors.

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Crown Castle?

Crown Castle declared a quarterly cash dividend of $1.47 per common share.

When will the dividend be paid to shareholders?

The dividend will be payable on September 30, 2022.

What is the record date for the dividend?

The record date for the dividend is September 15, 2022.

Are future dividends guaranteed?

Future dividends are subject to the approval of Crown Castle's Board of Directors.

Keep reading

More on CCI

All CCI news

Trending in the feed

ACB

Aurora Cannabis Reaffirms Recommendation to Shareholders: REJECT Curaleaf's Revised Hostile Bid; Preserve Opportunities for Future Upside Open the live feed