Crown Castle Declares Quarterly Common Stock Dividend
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.
Rhea-AI Summary
Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.20 per common share, payable on June 30, 2020, to stockholders of record by June 12, 2020. The company owns and operates over 40,000 cell towers and 80,000 miles of fiber across the U.S., enhancing connectivity for communities. Future dividends will be subject to approval by the Board of Directors.
Positive
- Quarterly cash dividend of $1.20 per share increases shareholder income.
- Broad and valuable portfolio with over 40,000 cell towers and 80,000 fiber miles supports strong infrastructure.
Negative
- None.
Details
News Market Reaction – CCI
The recorded move for CCI in the trading session of this news was -1.25%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, May 14, 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
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
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