American Tower Corporation Declares Quarterly Cash Distribution of $1.70 Per Share
American Tower Corporation, one of the largest global REITs, has announced a quarterly cash distribution of $1.70 per share on shares of its common stock. This distribution is payable to stockholders of record at the close of business on June 13, 2025, with a payment date of July 11, 2025. The company's portfolio consists of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
Key Takeaways:
- The Board of Directors of American Tower Corporation has declared a quarterly cash distribution of $1.70 per share on shares of the Company's common stock.
- The distribution is payable on July 11, 2025, to the stockholders of record at the close of business on June 13, 2025.
- American Tower has a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
- The company is a leading independent owner, operator, and developer of multitenant communications real estate.
- American Tower Corporation is a global REIT, indicating a high level of commercial activity in the telecommunications sector.
- The company's quarterly dividend reflects the stability and growth of its operations in the communications real estate market.
- The Board's decision to maintain a consistent dividend payout ratio suggests confidence in the company's future cash flows and profitability.
- The security and stability of American Tower's operations enable it to maintain a strong reputation in the industry.
Statistics:
- Quarterly cash distribution: $1.70 per share
- Payment date: July 11, 2025
- Record date: June 13, 2025
- Portfolio size: over 149,000 communications sites
- Number of U.S. data center facilities: highly interconnected footprint (exact number not specified)
Sources:
- "American Tower Corporation Declares Quarterly Cash Distribution". Business Wire, 15 May 2025.