Crown Castle Declares Quarterly Common Stock Dividend

Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.33 per common share, payable on March 31, 2021, to stockholders of record by March 15, 2021.

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Rhea-AI Sentiment

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Rhea-AI Summary

Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.33 per common share, payable on March 31, 2021, to stockholders of record by March 15, 2021. This decision underscores the company's commitment to delivering shareholder value through consistent dividend payouts. All future dividends will require approval from Crown Castle's Board of Directors. The company operates over 40,000 cell towers and 80,000 miles of fiber nationwide, supporting critical communications infrastructure.

Positive

Quarterly cash dividend of $1.33 per share announced.
Dividend payment date set for March 31, 2021, indicating strong cash flow.
Reinforces Crown Castle's commitment to shareholder value.

Negative

None.

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News Market Reaction – CCI

The recorded move for CCI in the trading session of this news was +0.55%.

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02/18/2021 - 04:15 PM EST

HOUSTON, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.33 per common share. The quarterly dividend will be payable on March 31, 2021 to common stockholders of record at the close of business on March 15, 2021. 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 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 amount of the quarterly dividend announced by CCI?

Crown Castle announced a quarterly dividend of $1.33 per common share.

When will the dividend be paid to shareholders of CCI?

The dividend will be payable on March 31, 2021.

What is the record date for the CCI dividend?

The record date for the dividend is March 15, 2021.

Are future dividends guaranteed for CCI?

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

Crown Castle Declares Quarterly Common Stock Dividend