Crown Castle Declares Quarterly Common Stock Dividend
Rhea-AI Summary
Crown Castle (NYSE: CCI) has announced a quarterly cash dividend of $1.565 per common share. The dividend will be payable on September 30, 2024 to stockholders of record as of September 13, 2024. This declaration demonstrates Crown Castle's commitment to returning value to shareholders. However, it's important to note that future dividends are subject to approval by the company's Board of Directors, indicating potential variability in dividend payments. This announcement provides investors with clarity on the upcoming dividend payment and record date, allowing them to make informed decisions regarding their holdings in CCI stock.
Positive
- Consistent quarterly dividend payment of $1.565 per share
- Commitment to returning value to shareholders
Negative
- Future dividends subject to Board approval, indicating potential uncertainty
News Market Reaction – CCI
On the day this news was published, CCI declined 0.33%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (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 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 & Treasurer
Crown Castle Inc.
713-570-3050
FAQ
What is Crown Castle's (CCI) dividend amount for Q3 2024?
When is the payment date for Crown Castle's (CCI) Q3 2024 dividend?
What is the record date for Crown Castle's (CCI) Q3 2024 dividend?
Are Crown Castle's (CCI) future dividends guaranteed?
