Summary
Crown Castle Inc. (CCI) filed an 8-K on October 22, 2015, primarily to disclose information regarding its quarterly dividend. The company's Board of Directors declared a quarterly dividend of $0.885 per share of common stock. This dividend is scheduled to be paid on December 31, 2015, to shareholders of record as of the close of business on December 18, 2015. This announcement reinforces the company's commitment to returning value to shareholders through regular dividend payments, a key consideration for income-focused investors in the telecommunications infrastructure sector.
Key Highlights
- 1Declaration of a quarterly dividend of $0.885 per share.
- 2The dividend payment date is set for December 31, 2015.
- 3Record date for dividend eligibility is December 18, 2015.
- 4The announcement was made via a press release furnished as an exhibit.
- 5This filing follows the company's third quarter 2015 earnings release.
- 6Information is furnished under Regulation FD and is not deemed 'filed' for certain securities law purposes.
Frequently Asked Questions
The primary purpose of this 8-K filing is to formally announce Crown Castle Inc.'s declaration of its quarterly dividend and provide the key dates for payment and record holders.
The declared quarterly dividend is $0.885 per share of the company's common stock.
The dividend will be paid on December 31, 2015, to all stockholders of record at the close of business on December 18, 2015.
No, the information provided in Item 7.01 and Exhibit 99.1 is furnished under Regulation FD and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise incorporated into future filings, unless expressly stated.