Summary
American Tower Corporation (AMT) announced on September 7, 2018, that its Board of Directors declared a quarterly cash distribution of $0.79 per share of common stock. This distribution is a direct return of capital to shareholders and reflects the company's ongoing commitment to providing value to its investors. The distribution is payable on October 17, 2018, to shareholders of record as of the close of business on September 28, 2018. This filing primarily serves to inform investors about the dividend declaration, a key metric for many income-focused investors in real estate investment trusts (REITs) and similar entities like American Tower.
Key Highlights
- 1Board of Directors declared a cash distribution of $0.79 per share.
- 2Distribution is for the Company's common stock.
- 3Payment date for the distribution is October 17, 2018.
- 4Record date for the distribution is September 28, 2018.
- 5The announcement was made via a press release dated September 7, 2018.
- 6This event is classified under 'Other Events' (Item 8.01) in the 8-K filing.