Crown Castle Announces Tax Reporting Information for 2015 Distributions

January 20, 2016 at 4:16 PM EST

HOUSTON, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) (“Crown Castle”) announced today certain year-end tax reporting information for its 2015 distributions.


The following tables summarize, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock and holders of Crown Castle 4.50% Mandatory Convertible Preferred Stock, respectively, presented on a per share basis, during the calendar year ended December 31, 2015. Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment of Crown Castle’s distributions.

Crown Castle Common Stock

Ticker Symbol: CCI

Record Date Payable Date Cash
Distribution
(per share)
Ordinary
Taxable

Dividend
(per share)
Qualified
Taxable
Dividend

(per share)*
Long-Term
Capital Gain
Distribution
(per share)
3/20/2015 3/31/2015 $ 0.820     $ 0.227   $ 0.035   $ 0.593  
6/19/2015 6/30/2015 $ 0.820     $ 0.227   $ 0.035   $ 0.593  
9/18/2015 9/30/2015 $ 0.820     $ 0.227   $ 0.035   $ 0.593  
12/18/2015 12/31/2015 $ 0.885     $ 0.245   $ 0.038   $ 0.640  
                           
* Qualified taxable dividend amount included in ordinary taxable dividend amount.
                           
Note: During the calendar year ended December 31, 2015, there were no Unrecaptured Section 1250 Gain or Non-dividend Distributions made with respect to Crown Castle Common Stock. Crown Castle has determined that 0.54% of each distribution to its shareholders consists of an alternative minimum tax adjustment.
                           

Crown Castle 4.50% Mandatory Convertible Preferred Stock

Ticker Symbol: CCI-PRA

Record Date Payable Date Cash
Distribution
(per share)**
Ordinary
Taxable

Dividend
(per share)
Qualified
Taxable
Dividend

(per share)*
Long-Term
Capital Gain
Distribution
(per share)
1/15/2015 2/2/2015 $ 1.125   $ 0.312   $ 0.048   $ 0.813  
4/15/2015 5/1/2015 $ 1.125   $ 0.312   $ 0.048   $ 0.813  
7/15/2015 8/3/2015 $ 1.125   $ 0.312   $ 0.048   $ 0.813  
10/15/2015 11/2/2015 $ 1.125   $ 0.312   $ 0.048   $ 0.813  
                           
* Qualified taxable dividend amount included in ordinary taxable dividend amount.
                           
** On December 18, 2015, Crown Castle announced the declaration of a quarterly dividend on the Crown Castle 4.50% Mandatory Convertible Preferred Stock of $1.125 per share, which will be paid on February 1, 2016 to holders of record as of January 15, 2016.
                           
Note: During the calendar year ended December 31, 2015, there were no Unrecaptured Section 1250 Gain or Non-dividend Distributions made with respect to Crown Castle 4.50% Mandatory Convertible Preferred Stock. Crown Castle has determined that 0.54% of each distribution to its shareholders consists of an alternative minimum tax adjustment.
                           

ABOUT CROWN CASTLE

Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. With approximately 40,000 towers and 15,000 small cell nodes supported by approximately 16,000 miles of fiber, Crown Castle is the nation’s largest provider of shared wireless infrastructure with a significant presence in the top 100 U.S. markets. For more information on Crown Castle, please visit www.crowncastle.com

Contacts:  Jay Brown, CFO
  Son Nguyen, VP - Corporate Finance
  Crown Castle International Corp.
  713-570-3050

 

 

Primary Logo

Crown Castle International Corp.

This website uses cookies to ensure you get the best experience. By continuing to use our site, you accept the use of cookies, revised Privacy Policy and Terms of Use.