Summary
Crown Castle International Corp. (CCI) announced a quarterly dividend declaration on February 20, 2020. The company's Board of Directors has approved a dividend of $1.20 per share for its common stock. This dividend payment underscores CCI's commitment to returning capital to its shareholders and signals continued confidence in its operational performance and financial stability. Investors should note the payment and record dates for this dividend. The dividend will be payable on March 31, 2020, to all stockholders who are on record as of the close of business on March 13, 2020. This information is crucial for investors looking to participate in the upcoming dividend distribution.
Key Highlights
- 1Declaration of a quarterly dividend of $1.20 per share.
- 2Dividend payable date set for March 31, 2020.
- 3Record date for dividend eligibility is March 13, 2020.
- 4The announcement was made via a press release furnished as an exhibit.
- 5Indicates consistent capital return strategy to shareholders.
Frequently Asked Questions
Crown Castle International Corp. declared a quarterly dividend of $1.20 per share of its common stock.
The dividend is scheduled to be paid on March 31, 2020.
Stockholders of record at the close of business on March 13, 2020, are eligible to receive the dividend.
While this 8-K specifically announces the Q1 2020 dividend, it is generally indicative of Crown Castle's ongoing strategy to return capital to shareholders through regular dividend payments, reflecting confidence in its business operations.