Crown Castle International Declares Quarterly Preferred Stock Dividend Rate
HOUSTON, March 25, 2014 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) announced today that the quarterly dividend on its 4.50% Mandatory Convertible Preferred Stock ("Preferred Stock") will be paid on May 1, 2014 to holders of record on April 15, 2014. The dividend will be paid in cash at a rate of $1.125 per share of Preferred Stock.
About Crown Castle
Crown Castle owns, operates and leases towers and other infrastructure for wireless communications. Crown Castle offers significant wireless communications coverage to all of the top 100 US markets and to substantially all of the Australian population. Crown Castle owns, operates and manages approximately 40,000 and approximately 1,700 wireless communication sites in the US and Australia, respectively. For more information on Crown Castle, please visit www.crowncastle.com.
CONTACT: Jay Brown, CFO
Son Nguyen, VP - Corporate Finance
Crown Castle International Corp.