Summary
American Tower Corporation (AMT) has filed an 8-K report detailing a significant event: the declaration of a cash distribution. The company's Board of Directors has approved a dividend of $1.47 per share for its common stockholders. This distribution underscores the company's commitment to returning capital to its shareholders and reflects a steady operational performance that allows for such payouts. Investors should note the payment date and record date to ensure eligibility for this dividend.
Key Highlights
- 1American Tower Corporation (AMT) declared a cash distribution of $1.47 per share.
- 2The dividend is payable to common stockholders.
- 3The payment date for the dividend is October 26, 2022.
- 4The record date for determining eligible stockholders is October 11, 2022.
- 5This announcement was made via a press release dated September 22, 2022.
- 6The filing was made on September 21, 2022, with the event date of the distribution declaration being September 21, 2022.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce the declaration of a cash distribution (dividend) by American Tower Corporation's Board of Directors to its common stockholders.
The cash distribution is $1.47 per share and is scheduled to be paid on October 26, 2022.
Stockholders of record as of the close of business on October 11, 2022, are eligible to receive the dividend.
Based solely on the provided excerpts, this 8-K filing specifically focuses on the declaration of the cash distribution and related press release. No other significant operational or financial developments are detailed in these sections.