American Tower Corporation Declares Quarterly Distributions
| American Tower Board increases quarterly cash distribution 5.6% to $0.38 from $0.36 per share |
BOSTON--(BUSINESS WIRE)--December 02, 2014--
American Tower Corporation (NYSE: AMT) announced that its board of directors has declared its quarterly cash distribution of $0.38 per share on shares of the Company's common stock. The distribution is payable on January 13, 2015 to such stockholders of record at the close of business on December 16, 2014. Additionally, the board of directors has declared a cash distribution of $1.3125 per share on shares of the Company's 5.25% Mandatory Convertible Preferred Stock, Series A, which is payable on February 16, 2015 to such stockholders of record at the close of business on February 1, 2015.
About American Tower
American Tower is a leading independent owner, operator and developer of wireless and broadcast communications real estate with a global portfolio of approximately 70,000 communications sites. For more information about American Tower, please visit www.americantower.com.
Cautionary Language Regarding Forward-Looking Statements
This press release contains "forward-looking statements" concerning the Company's goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company's forward-looking statements as a result of various factors, including those factors set forth in Item 1A of its Form 10-Q for the quarter ended September 30, 2014 under the caption "Risk Factors." The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
CONTACT: American Tower Corporation
Leah Stearns, 617-375-7500
Vice President, Investor Relations & Treasurer
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