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Crown Castle Reduces Dividend by 32.1%: What You Should Know
CCKCrown Holdings(CCK) ZACKS·2025-05-22 19:01

Crown Castle (CCI) recently announced that its board of directors has declared a quarterly cash dividend of 1.0625pershare.Thisrepresentsa32.11.0625 per share. This represents a 32.1% decrease from the previous quarterly payout of 1.565 per share. The new dividend will be paid on June 30, 2025, to the company’s shareholders of record as of June 12, 2025.Based on the reduced rate, the annualized dividend payout comes to 4.25pershare.Atthisnewrate,theannualizedyieldis4.194.25 per share. At this new rate, the annualized yield is 4.19%, based on the stock’s closing price of 101.52 on May 21 ...