Crown Castle Inc. (NYSE:CCI) declared a quarterly dividend of $1.0625 per share, a 32% decrease from the previous dividend of ...

Crown Castle slashed its dividend to $1.0625 a share from $1.565 a share. The new payout, equal to $4.25 a year, represents an annual yield of about 4.2% based on Wednesday's closing price of $101.52.

This was the stock's second consecutive day of losses.

Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Interim President and Chief ...