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Wireless

American Tower ups div by 20% after strong Q4, FY, but lowers expectations for 2019

Wednesday 27 February 2019 | 14:53 CET | News
American Tower (ATC) has lifted its quarterly and annual dividend by about 20 percent after reporting another set of very solid results for the fourth quarter and mainly higher-than-expected figures for the year. Results were helped in particular by new business contributions in the US, but also by strong underlying performance internationally, as well as by continued growth in mobile data use worldwide. For the dividend, ATC will distribute USD 0.84 for the quarter, bringing dividends for the year to USD 3.15.

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Categories: Mobile & Wireless
Companies: American Tower
Countries: World
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