Crown Castle Reports Third Quarter 2016 Results, Provides Outlook for Full Year 2017 and Announces Increase to Common Stock Dividend

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Go back to Crown Castle Reports Third Quarter 2016 Results, Provides Outlook for Full Year 2017 and Announces Increase to Common Stock Dividend

Crown Castle (CCI) Misses Q3 AFFO by 2c, Revenues Beats

October 20, 2016 4:47 PM EDT

Crown Castle (NYSE: CCI) reported Q3 AFFO of $1.16, $0.02 worse than the analyst estimate of $1.18. Revenue for the quarter came in at $992 million versus the consensus estimate of $968.15 million.

"Our business continues to grow at a healthy pace as U.S. wireless carriers further... More

Crown Castle (CCI) Raises Quarterly Dividend 7.3% to $0.95; 4.2% Yield

October 20, 2016 4:22 PM EDT

Crown Castle (NYSE: CCI) declared a quarterly dividend of $0.95 per share, or $3.8 annualized. This is a 7.3% increase from the prior dividend of $0.885.

The dividend will be payable on December 30, 2016, to stockholders of record on December 16, 2016, with an ex-dividend date of December 14,... More