As of today (2024-04-19), the Trailing Annual Dividend Yield of Crown Castle is 6.59%.
Good Sign:
Crown Castle Inc stock dividend yield is close to 10-year high.
The historical rank and industry rank for Crown Castle's Dividend Yield % or its related term are showing as below:
CCI'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.45 Med: 3.48 Max: 7.27
Current: 6.59
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%.
CCI's Dividend Yield % is ranked worse than 55.32% of 837
companies
in the REITs industry
Industry Median: 7.14
vs CCI: 6.59
Crown Castle's Dividend Payout Ratio for the
three
months ended in Mar. 2024 was 2.09.
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.
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.
Crown Castle's Dividends per Share for the
three
months ended in Mar. 2024 was $1.57.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Crown Castle Dividend Yield % Historical Data
The historical data trend for Crown Castle's Dividend Yield % 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
Dividend Yield %
3.22
3.10
2.62
4.32
5.43
Crown Castle Quarterly Data
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Mar24
Dividend Yield %
4.54
5.41
6.80
5.43
-
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 Dividend Yield % Calculation
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 1.565
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.565
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.565
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.565
2023-06-14
2023-06-15
2023-06-30
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
6.26
/
94.795
=
6.60 %
Current Share Price is $94.795.
Crown Castle's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.26.
Crown Castle's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
6.26
/
94.795
=
6.60 %
Current Share Price is $94.795.
Crown Castle's Dividends per Share for the forward twelve months is calculated as $1.565 * 4 = $6.26.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Crown Castle's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CCI has been successfully added to your 