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American Tower Corporation (AMT)

  • Dec. 2, 2014, 6:24 PM
    • American Tower's (NYSE:AMT) new quarterly distribution is $0.02 above a prior $0.36/share, and good for a 1.5% yield. The distribution is payable on Jan. 13 to shareholders on record as of Dec. 16.
    • The tower owner has also declared a $1.3125/share distribution for its 5.25% convertible preferred stock. It's payable on Feb. 16 to shareholders on record as of Feb. 1.
    • Earlier: AMT, CCI hit by Raymond James downgrades
    | Dec. 2, 2014, 6:24 PM | Comment!
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Company Description
American Tower Corp is an owner, operator and developer of wireless and broadcast communications real estate. The Company's main business is leasing antenna space on multi-tenant communications sites to different providers.