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CCI Jan 2026 60.000 call
- GuruFocus.com
Crown Castle Inc's Dividend Analysis
Crown Castle Inc (NYSE:CCI) recently announced a dividend of $1.57 per share, payable on 2024-06-28, with the ex-dividend date set for 2024-06-14. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Crown Castle Inc's dividend performance and assess its sustainability.
- Zacks
Crown Castle (CCI) Plans Operational Changes, Revises '24 View
Focusing its sales efforts and increasing return thresholds for new growth opportunities, Crown Castle (CCI) implements operational changes. It also revised the full-year 2024 outlook.
- Reuters
Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review
Crown had initiated a strategic and operating review of its fiber business, which made up about 32% of the company's revenue in the quarter ended Mar. 31, in December last year after reaching a deal with activist investor Elliott Investment Management. Elliott, which disclosed a $2 billion stake in the company in November, had been pushing Crown to consider selling the fiber business. As part of the deal, Crown also replaced two board directors.
