Crown Castle Declares Quarterly Preferred Stock Dividend
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Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 5.9%
EPS Growth %: -62.8%
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HOUSTON, June 29, 2016 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that the quarterly dividend on its 4.50% Mandatory Convertible Preferred Stock (“Preferred Stock”) will be paid on August 1, 2016 to holders of record on July 15, 2016. The dividend will be paid in cash at a rate of $1.125 per share of Preferred Stock.
ABOUT CROWN CASTLE
Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. With approximately 40,000 towers and 16,500 miles of fiber supporting small cells, Crown Castle is the nation's largest provider of shared wireless infrastructure with a significant presence in the top 100 US markets. For more information on Crown Castle, please visit www.crowncastle.com.
Contacts: Dan Schlanger, CFO |
Son Nguyen, VP - Corporate Finance |
Crown Castle International Corp. |
713-570-3050 |
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