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Crown Castle Declares Quarterly Common Stock Dividend

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dividends
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.

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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 $1.20 per common share.  The quarterly dividend will be payable on June 30, 2020 to common stockholders of record at the close of business on June 12, 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

What is the dividend amount declared by Crown Castle?

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

When will the dividend be paid by Crown Castle?

The dividend will be payable on June 30, 2020.

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

The record date for the dividend is June 12, 2020.

Will future dividends be guaranteed for Crown Castle?

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

NYSE:CCI

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