Summary
This Form 8-K filing from Crown Castle International Corp. (CCI) on May 30, 2014, primarily reports on the outcomes of its Annual Stockholder Meeting held on the same date. Key events included the election of four Class I directors, the ratification of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2014, and an advisory vote on executive compensation. All proposals received strong support from shareholders, indicating confidence in the board and management. In addition to the meeting results, the company announced the declaration of its quarterly dividend. A cash dividend of $0.35 per share will be paid to stockholders of record on June 20, 2014, with the payment date set for June 30, 2014. This dividend declaration is a regular event for investors, providing a consistent return on their investment in Crown Castle.
Key Highlights
- 1Annual meeting of stockholders held on May 30, 2014.
- 2Four Class I directors were elected for one-year terms.
- 3PricewaterhouseCoopers LLP was ratified as the independent registered public accountants for fiscal year 2014.
- 4Shareholders approved, on an advisory basis, the compensation of the company's named executive officers.
- 5All proposals presented at the annual meeting received overwhelming majority support from stockholders.
- 6Company declared a quarterly dividend of $0.35 per share.
- 7Dividend payment date is June 30, 2014, with a record date of June 20, 2014.