8-KOther EventsExhibits & Filings

AMERICAN TOWER CORP /MA/ 8-K Report, Corporate Update (Dec 2, 2014)

Filed December 2, 2014For Securities:AMT

Summary

American Tower Corporation (AMT) filed an 8-K on December 2, 2014, to announce dividend declarations. The company's Board of Directors declared a cash distribution of $0.38 per share for its common stock, payable on January 13, 2015, to shareholders of record as of December 16, 2014. This indicates a regular return of capital to common stockholders. In addition to the common stock dividend, AMT also declared a cash distribution for its 5.25% Mandatory Convertible Preferred Stock, Series A. This preferred stock dividend amounts to $1.3125 per share, with a payment date of February 16, 2015, for shareholders of record on February 1, 2015. These declarations highlight the company's commitment to distributing profits to both its common and preferred shareholders.

Key Highlights

  • 1Declaration of a cash distribution for AMT common stock.
  • 2Common stock dividend amount set at $0.38 per share.
  • 3Record date for common stock dividend is December 16, 2014.
  • 4Payment date for common stock dividend is January 13, 2015.
  • 5Declaration of a cash distribution for AMT's 5.25% Mandatory Convertible Preferred Stock, Series A.
  • 6Preferred stock dividend amount set at $1.3125 per share.
  • 7Record date for preferred stock dividend is February 1, 2015, with a payment date of February 16, 2015.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce the declaration of cash distributions (dividends) by American Tower Corporation's Board of Directors for both its common stock and its Series A Mandatory Convertible Preferred Stock.

Common stockholders of record as of the close of business on December 16, 2014, will receive their cash distribution of $0.38 per share on January 13, 2015.

Holders of American Tower's 5.25% Mandatory Convertible Preferred Stock, Series A, will receive a cash distribution of $1.3125 per share. The record date for this dividend is February 1, 2015, and the payment date is February 16, 2015.

No, this 8-K filing is solely focused on the declaration of dividend payments. It does not contain information regarding operational changes, financial performance, or other material business events.