Summary
American Tower Corporation (AMT) filed an 8-K on March 8, 2018, to announce a quarterly cash distribution. The company's Board of Directors declared a dividend of $0.75 per share of common stock. This distribution underscores the company's commitment to returning capital to shareholders, a key consideration for income-focused investors in the real estate investment trust (REIT) sector. The payment date is April 27, 2018, with a record date of April 11, 2018, providing specific timing for investors to be aware of.
Key Highlights
- 1Board of Directors declared a cash distribution of $0.75 per share.
- 2The distribution is for the Company's common stock.
- 3The payment date for the distribution is April 27, 2018.
- 4The record date for stockholders to receive the distribution is April 11, 2018.
- 5This announcement was made via a press release filed as an exhibit.
- 6The filing date was March 8, 2018, reflecting the event date of March 7, 2018.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly announce the declaration of a quarterly cash distribution to American Tower Corporation's common stockholders.
The cash distribution declared is $0.75 per share of the Company's common stock.
The cash distribution will be paid on April 27, 2018, to stockholders who are of record at the close of business on April 11, 2018.
Based on the typical reporting cycle for companies, this is presented as a standard quarterly cash distribution, reflecting ongoing capital allocation to shareholders rather than a change in policy.