STOCK TITAN

Crown Castle Declares Quarterly Common Stock Dividend

Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.20 per common share, scheduled for payment on September 30, 2020.

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.

Tags
dividends

Rhea-AI Summary

Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.20 per common share, scheduled for payment on September 30, 2020. Stockholders must be on record by September 15, 2020 to receive the dividend. The dividend amount may be adjusted in future periods based on Board approval. Crown Castle operates over 40,000 cell towers and approximately 80,000 route miles of fiber across the U.S., providing crucial infrastructure for wireless services.

Loading...
Loading translation...

Positive

  • Declared a quarterly cash dividend of $1.20 per share.
  • Strong infrastructure portfolio with over 40,000 cell towers.

Negative

  • None.
Argus Session date unavailable
+2.64% session move Open Argus
Details

News Market Reaction – CCI

The recorded move for CCI in the trading session of this news was +2.64%.

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

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.20 per common share.  The quarterly dividend will be payable on September 30, 2020 to common stockholders of record at the close of business on September 15, 2020.  Future dividends are subject to the approval of the Company’s Board of Directors. 

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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, VP & 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 for September 2020?

Crown Castle declared a dividend of $1.20 per common share.

When is the dividend payment date for Crown Castle?

The dividend will be payable on September 30, 2020.

What is the record date for Crown Castle's dividend?

Stockholders must be on record by September 15, 2020 to receive the dividend.

How many cell towers does Crown Castle operate?

Crown Castle operates over 40,000 cell towers.

Keep reading