What is the amount of the dividend declared by American Tower?

American Tower declared a cash dividend of $0.58 per share of common stock.

When will the dividend be paid?

The dividend is scheduled to be paid on January 13, 2017.

Who is eligible to receive this dividend?

Stockholders who are recorded as owners of the company's common stock at the close of business on December 28, 2016, will be eligible to receive the dividend.

What type of filing is this and why is it important?

This is a Form 8-K filing, which is used to announce significant events that shareholders should be aware of. In this case, the important event is the declaration of a quarterly dividend, which is a key component of shareholder return for companies like American Tower.

AMT 8-K SEC Disclosure — Dec 14, 2016

Summary

American Tower Corporation (AMT) announced on December 14, 2016, that its Board of Directors has declared a quarterly cash dividend. This dividend amounts to $0.58 per share of common stock. Investors should note the payment and record dates. The cash distribution will be payable on January 13, 2017, to stockholders who were on record as of the close of business on December 28, 2016. This announcement is a routine event for a Real Estate Investment Trust (REIT) like American Tower and reflects the company's commitment to returning capital to its shareholders.

Key Highlights

1Quarterly cash dividend declared: $0.58 per share.
2Payment date for the dividend: January 13, 2017.
3Record date for the dividend: December 28, 2016.
4The dividend is for shares of common stock.
5The announcement was made via a press release filed on December 14, 2016.
6This filing is an 8-K, indicating a material event.
7The press release announcing the dividend is filed as Exhibit 99.1.

AMERICAN TOWER CORP /MA/ 8-K Report, Corporate Update (Dec 14, 2016)

Summary

Key Highlights

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