What is the amount of the cash distribution per share?

The cash distribution declared is $1.24 per share of the Company's common stock.

When will the distribution be paid?

The distribution is scheduled to be paid on April 29, 2021.

Who is eligible to receive this distribution?

Stockholders of record at the close of business on April 13, 2021, will be eligible to receive the cash distribution.

Is this a new dividend or an increase in the dividend?

This filing announces a quarterly cash distribution of $1.24 per share. While the filing does not explicitly state if it's an increase from a previous dividend, it confirms a specific payout amount for the current quarter.

AMT 8-K SEC Disclosure

Summary

American Tower Corporation (AMT) announced on March 4, 2021, that its Board of Directors has declared a quarterly cash distribution of $1.24 per share of common stock. This distribution is a positive signal for investors, indicating the company's continued confidence in its financial performance and its commitment to returning capital to shareholders. The payment date is set for April 29, 2021, with a record date of April 13, 2021, providing a clear timeline for investors to anticipate the cash payout.

Key Highlights

1Board of Directors declared a quarterly cash distribution of $1.24 per share.
2Distribution is payable on April 29, 2021.
3Stockholders of record as of April 13, 2021, will receive the distribution.
4This filing is an 8-K, specifically reporting on Other Events (Item 8.01).
5A press release announcing the quarterly distribution is filed as Exhibit 99.1.
6The company is demonstrating its ability to generate consistent cash flow to support dividend payments.

AMERICAN TOWER CORP /MA/ 8-K Report, Corporate Update (Mar 4, 2021)

Summary

Key Highlights

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