Summary
American Tower Corporation (AMT) filed an 8-K on September 10, 2015, to report a routine but important event for its shareholders: the declaration of a quarterly cash dividend. The Board of Directors approved a distribution of $0.46 per share of common stock. This dividend is scheduled to be paid on October 7, 2015, to shareholders who are on record as of the close of business on September 23, 2015. For income-focused investors, this filing confirms the continuation of regular dividend payments, a key aspect of AMT's total return proposition.
Key Highlights
- 1Declaration of a quarterly cash dividend by the Board of Directors.
- 2Dividend amount set at $0.46 per share of common stock.
- 3Payment date for the dividend is October 7, 2015.
- 4Record date for dividend eligibility is September 23, 2015.
- 5This filing serves as formal notification of the dividend distribution to shareholders.
- 6The press release announcing the dividend is attached as an exhibit.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally announce that American Tower Corporation's Board of Directors has declared a cash distribution (dividend) to its common stockholders.
The declared dividend is $0.46 per share of common stock. It is scheduled to be paid on October 7, 2015.
Shareholders who are recorded on the company's books (i.e., of record) at the close of business on September 23, 2015, will be eligible to receive the dividend payment.
No, this specific 8-K filing is solely related to the declaration of a cash dividend. It does not provide updates on financial performance, operational changes, or other material business events. Such information would typically be found in other SEC filings like 10-Q or 10-K reports.