Crown Castle Announces Tax Reporting Information for 2020 Distributions
January 28 2021 - 4:15PM
Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”)
announced today certain year-end tax reporting information for its
2020 distributions.
The following tables summarize, for income tax
purposes, the nature of distributions paid to holders of Crown
Castle Common Stock, par value $.01 per share (“Common Stock”), and
holders of Crown Castle 6.875% Mandatory Convertible Preferred
Stock (“Preferred Stock”), presented on a per share basis, during
the calendar year ended December 31, 2020. Stockholders are
encouraged to consult with their tax advisors as to their specific
tax treatment of Crown Castle’s distributions.
Crown Castle Common
StockTicker Symbol: CCI
Record Date |
Payable Date |
Cash Distribution (per share) |
Ordinary
Taxable Dividend (per
share) |
Qualified Taxable Dividend (per
share)* |
Section 199A Dividend (per
share)* |
Non-Taxable Distribution (per share) |
3/13/2020 |
3/31/2020 |
$1.20 |
$0.788 |
$0.010 |
$0.778 |
$0.412 |
6/12/2020 |
6/30/2020 |
$1.20 |
$0.788 |
$0.010 |
$0.778 |
$0.412 |
9/15/2020 |
9/30/2020 |
$1.20 |
$0.788 |
$0.010 |
$0.778 |
$0.412 |
12/15/2020 |
12/31/2020 |
$1.33 |
$0.874 |
$0.012 |
$0.862 |
$0.456 |
*Qualified taxable dividend and section 199A
dividend amounts included in ordinary taxable dividend amount.
Notes:
- During the
calendar year ended December 31, 2020, there was no Unrecaptured
Section 1250 Gain and no long-term capital gain with respect to the
Common Stock.
- IRS Form 8937,
Report of Organizational Actions Affecting Basis of Securities,
disclosing additional information relating to the non-taxable
distributions attributable to the Common Stock, has been posted to
the Investors section of the Company’s website:
www.crowncastle.com/investors/shareholder-services.
Crown Castle 6.875% Mandatory
Convertible Preferred StockTicker Symbol:
CCI-PRA
Record Date |
Payable Date |
Cash Distribution (per share) |
Ordinary
Taxable Dividend (per
share) |
Qualified Taxable Dividend (per
share)* |
Section 199A Dividend (per
share)* |
Non-Taxable Distribution (per share) |
1/15/2020 |
2/3/2020 |
$17.1875 |
$17.1875 |
$0.2265 |
$16.9610 |
$0.00 |
4/15/2020 |
5/1/2020 |
$17.1875 |
$17.1875 |
$0.2265 |
$16.9610 |
$0.00 |
7/15/2020 |
8/3/2020 |
$17.1875 |
$17.1875 |
$0.2265 |
$16.9610 |
$0.00 |
*Qualified taxable dividend and section 199A
dividend amounts included in ordinary taxable dividend amount.
Notes:
- During the
calendar year ended December 31, 2020, there was no Unrecaptured
Section 1250 Gain, no long-term capital gain, and no non-taxable
distributions with respect to the Preferred Stock.
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than
40,000 cell towers and approximately 80,000 route miles of fiber
supporting small cells and fiber solutions across every major U.S.
market. This nationwide portfolio of communications infrastructure
connects cities and communities to essential data, technology and
wireless service – bringing information, ideas and innovations to
the people and businesses that need them. For more information on
Crown Castle, please visit www.crowncastle.com.
CONTACTS |
Dan Schlanger, CFOBen Lowe, VP
& TreasurerCrown Castle International Corp.713-570-3050 |
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