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Crown Castle (Crown Castle) Dividends per Share

: $6.26 (TTM As of Dec. 2023)
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Crown Castle's dividends per share for the three months ended in Dec. 2023 was $1.57. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.26. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.81. As of today, Crown Castle's Dividend Yield % is 6.73%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Crown Castle Inc is 1.68, which seems too high.

Good Sign:

Crown Castle Inc stock dividend yield is close to 10-year high.

During the past 12 months, Crown Castle's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Crown Castle was 27.80% per year. The lowest was 8.10% per year. And the median was 8.50% per year.

For more information regarding to dividend, please check our Dividend Page.


Crown Castle Dividends per Share Historical Data

The historical data trend for Crown Castle's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crown Castle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.58 4.93 5.46 5.98 6.26

Crown Castle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 1.57 1.57 1.57 1.57

Competitive Comparison

For the REIT - Specialty subindustry, Crown Castle's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crown Castle Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Crown Castle's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Crown Castle's Dividend Yield % falls into.



Crown Castle Dividends per Share Calculation

Dividends paid to per common share.


Crown Castle  (NYSE:CCI) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Crown Castle's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.565/ 0.866
=1.81

During the past 13 years, the highest Dividend Payout Ratio of Crown Castle was 3.94. The lowest was 1.52. And the median was 2.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Crown Castle Inc is 1.68, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Crown Castle Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.5652024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 1.5652023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.5652023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.5652023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Crown Castle's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.26/93.05
=6.73 %

Current Share Price is $93.05.
Crown Castle's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.26.

During the past 13 years, the highest Dividend Yield of Crown Castle was 7.27%. The lowest was 0.45%. And the median was 3.48%.

Good Sign:

Crown Castle Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crown Castle Dividends per Share Related Terms

Thank you for viewing the detailed overview of Crown Castle's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Crown Castle (Crown Castle) Business Description

Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
Executives
Robert Sean Collins officer: Vice President and Controller 8020 KATY FREEWAY, HOUSTON TX 77024
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Kevin T Kabat director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Kevin A Stephens director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Laura B Nichol officer: EVP - Business Support 8020 KATY FREEWAY, HOUSTON TX 77024
Christopher Levendos officer: EVP & COO - Fiber 8020 KATY FREEWAY, HOUSTON TX 77024
Adams Edward B Jr officer: EVP and General Counsel 8020 KATY FREEWAY, HOUSTON TX 77024
Matthew Iii Thornton director 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Michael Joseph Kavanagh officer: SVP & Chief Commercial Officer 8020 KATY FREEWAY, HOUSTON TX 77024
Catherine Piche officer: EVP & COO-Towers 8020 KATY FREEWAY, HOUSTON TX 77024
Daniel K Schlanger officer: SVP & Chief Financial Officer 8020 KATY FREEWAY, HOUSTON TX 77024
J Landis Martin director TIMET CORP, 1999 BROADWAY SUITE 4300, DENVER CO 80202
Kenneth Jay Simon officer: SVP and General Counsel 8020 KATY FREEWAY, HOUSTON TX 77024
James D Young officer: SVP & Chief Operating Officer 510 BERING DRIVE, SUITE 500, HOUSTON TX 77057
Tammy Jones director MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024