Crown Castle Dividends and Buybacks
Dividend criteria checks 5/6
Crown Castle is a dividend paying company with a current yield of 6.74% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
6.7%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 4.6% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$6.260 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
Crown Castle: Analyzing Historical And Future Fair Value
Dec 01Crown Castle: Buy The Dip Hand Over Fist
Nov 14Crown Castle: Between Significant Undervaluation And Dividend Cut Risks
Oct 17Crown Castle: Lower Rates Offer Tailwind, But Competitive And Refinancing Risks Mount (Rating Upgrade)
Sep 08Crown Castle: Reset For Recovery With REITs Rebounding
Aug 22Why 6%-Yielding Crown Castle Is A Top REIT Pick
Aug 07Crown Castle: Unlikely To Disappoint With Q2 Earnings Release
Jul 13Crown Castle: Mr. Market Is Wrong About This One
Jul 01Crown Castle: There Are Many Positives Beyond The Sprint Churn
Jun 19Crown Castle: Cash Flow Pressures And Debt Financing Limit Upside
May 18Crown Castle Q1 Earnings Preview: Patience Is The Key
Apr 15Crown Castle Presents A Buying Opportunity With A 6.18% Dividend Yield
Apr 08Crown Castle: Shares Should Comfortably Outperform Moving Forward
Mar 22Crown Castle Is A Buy As Activist's Campaign 'Restores' Confidence
Feb 16Crown Castle: Price Drop Presents Buying Opportunity Before Earnings
Jan 22Crown Castle: Is This 5.5%-Yielding REIT A Buy Now?
Jan 12Crown Castle: Buy The Market Bottom
Dec 12Crown Castle: An Activist Steps In To Reveal Significant Value
Nov 28Crown Castle's Slowing Growth And Rising Debt Are Problematic (Ratings Downgrade)
Nov 10Crown Castle: I'm Stocking Up At These Prices
Oct 24Why You Should Look At Crown Castle Stock
Oct 05Crown Castle: Short-Term Headwinds Create A Long-Term Opportunity
Sep 21Crown Castle: 6.3% Dividend Yield And Undervalued
Sep 05Crown Castle: Buy The Dip And Start The DRIP
Aug 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CCI's dividends per share have been stable in the past 10 years.
Growing Dividend: CCI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Crown Castle Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CCI) | 6.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Specialized REITs) | 3.9% |
| Analyst forecast (CCI) (up to 3 years) | 6.9% |
Notable Dividend: CCI's dividend (6.74%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CCI's dividend (6.74%) is in the top 25% of dividend payers in the US market (4.53%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (92.8%), CCI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (166.8%), CCI's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 05:17 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Crown Castle Inc. is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Watts | Atlantic Equities LLP |
| Amir Rozwadowski | Barclays |
| Brendan Lynch | Barclays |