CCI Stock Recent News

HOUSTON, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle's Executive Vice President and Chief Financial Officer is scheduled to present on Thursday, September 5, 2024 at 3:00 p.m. Eastern Time at Citi's 2024 Global TMT Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 40 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle's website at www.crowncastle.com, where it will also be archived for replay.

Crown Castle's telecommunication infrastructure assets are important to 5G and AI applications with great growth potential. Crown Castle has gone through major churns in 2024. It looks ready for recovery and to join the current REIT rally. CCI pays a dividend of 5.72% and has a good track record of growing dividends. It is a large-cap equity REIT stock that can be considered as a long holding.

Opposition hedging, while common, can reduce returns as it hedges against the main portfolio direction. We prefer using companies with inherently resilient business models to reduce economic exposure. Investing in recession-resistant stocks like Postal Realty, Crown Castle, Pinnacle West, Albertsons, and Farmland Partners can provide a better hedge against adverse macroeconomic outcomes.

HOUSTON, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle's Executive Vice President and Chief Financial Officer is scheduled to present on Wednesday, September 4, 2024 at 11:20 a.m. Eastern Time at the Bank of America 2024 Media, Communications & Entertainment Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 40 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle's website at www.crowncastle.com, where it will also be archived for replay.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

HOUSTON, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2023 Environmental, Social and Governance ("ESG") Report and updates to its ESG website, which can be found at  www.crowncastle.com/esg .

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on September 30, 2024 to common stockholders of record at the close of business on September 13, 2024. Future dividends are subject to the approval of Crown Castle's Board of Directors.

Why 6%-Yielding Crown Castle Is A Top REIT Pick

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that it has priced its previously announced public offering of 4.900% Senior Notes due 2029 and 5.200% Senior Notes due 2034 in aggregate principal amounts of $550 million and $700 million, respectively. The Senior Notes due 2029 will have an interest rate of 4.900% per annum and will be issued at a price equal to 99.736% of their face value to yield 4.959%.   The Senior Notes due 2034 will have an interest rate of 5.200% per annum and will be issued at a price equal to 99.332% of their face value to yield 5.286%.

The REITs (Real Estate Investment Trusts) are worth checking out if you're looking to get paid handsome distributions while you wait for the Federal Reserve to finally cut interest rates. Undoubtedly, capital-intensive REITs stand out as big winners as rates fall.