Crown Castle Declares Quarterly Common Stock Dividend

Rhea-AI Summary

Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.47 per common share, scheduled for payment on December 31, 2021. Shareholders of record as of December 15, 2021 will receive this payment. The company operates over 40,000 cell towers and approximately 80,000 route miles of fiber across the U.S., facilitating wireless communications and data services. Future dividends are subject to Board approval.

Positive

• Quarterly cash dividend of $1.47 enhances income for shareholders.
• Robust infrastructure with 40,000 cell towers and 80,000 route miles of fiber indicates strong operational capability.

Negative

• None.

HOUSTON, Oct. 21, 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 $1.47 per common share. The quarterly dividend will be payable on December 31, 2021 to common stockholders of record at the close of business on December 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, SVP & Treasurer
Crown Castle International Corp.
713-570-3050

FAQ

What is the dividend amount declared by Crown Castle for Q4 2021?

Crown Castle has declared a quarterly cash dividend of $1.47 per common share for Q4 2021.

When will the dividend be paid?

The dividend will be payable on December 31, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is December 15, 2021.

Are future dividends guaranteed?

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

How does Crown Castle support communication infrastructure?

Crown Castle owns and operates over 40,000 cell towers and approximately 80,000 route miles of fiber across major U.S. markets.