Crown Castle (CCI) Dividend History & Yield
Crown Castle (CCI) has increased its dividend for multiple years and currently yields 4.59%. The most recent dividend was $1.0625/share on Mar 31, 2026, paid Quarterly.
CCI
Current Yield
4.59%
TTM Dividend/Share
$4.25
Payment Frequency
Quarterly
Payout Ratio
175.6%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
-24.08%
Div Growth (5Y CAGR)
-0.73%
Div Growth (10Y CAGR)
3.57%
CCI: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
3.9%
FCF payout ratio
17.4%
Net debt / EBITDA
9.1x
Interest coverage
2.08x
ROIC (TTM)
7.5%
Dividend Safety Score
2 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 175.6%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.61) covers dividend/share ($4.25).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 17.4%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 9.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-0.7%) exceeds EPS growth (-15.6%) — payout ratio expanding.
Per-payment dividend history
Ex-date Mar 13, 2026
- Payment date
- Mar 31, 2026
- Dividend
- $1.0625
- Adj. dividend
- $1.0625
Ex-date Dec 15, 2025
- Payment date
- Dec 31, 2025
- Dividend
- $1.0625
- Adj. dividend
- $1.0625
Ex-date Sep 15, 2025
- Payment date
- Sep 30, 2025
- Dividend
- $1.0625
- Adj. dividend
- $1.0625
Ex-date Jun 13, 2025
- Payment date
- Jun 30, 2025
- Dividend
- $1.0625
- Adj. dividend
- $1.0625
Ex-date Mar 14, 2025
- Payment date
- Mar 31, 2025
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Dec 13, 2024
- Payment date
- Dec 31, 2024
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Sep 13, 2024
- Payment date
- Sep 30, 2024
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Jun 14, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Mar 14, 2024
- Payment date
- Mar 28, 2024
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Dec 14, 2023
- Payment date
- Dec 29, 2023
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Sep 14, 2023
- Payment date
- Sep 29, 2023
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
Ex-date Jun 14, 2023
- Payment date
- Jun 30, 2023
- Dividend
- $1.5650
- Adj. dividend
- $1.5650
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 13, 2026 | Mar 31, 2026 | $1.0625 | $1.0625 |
| Dec 15, 2025 | Dec 31, 2025 | $1.0625 | $1.0625 |
| Sep 15, 2025 | Sep 30, 2025 | $1.0625 | $1.0625 |
| Jun 13, 2025 | Jun 30, 2025 | $1.0625 | $1.0625 |
| Mar 14, 2025 | Mar 31, 2025 | $1.5650 | $1.5650 |
| Dec 13, 2024 | Dec 31, 2024 | $1.5650 | $1.5650 |
| Sep 13, 2024 | Sep 30, 2024 | $1.5650 | $1.5650 |
| Jun 14, 2024 | Jun 28, 2024 | $1.5650 | $1.5650 |
| Mar 14, 2024 | Mar 28, 2024 | $1.5650 | $1.5650 |
| Dec 14, 2023 | Dec 29, 2023 | $1.5650 | $1.5650 |
| Sep 14, 2023 | Sep 29, 2023 | $1.5650 | $1.5650 |
| Jun 14, 2023 | Jun 30, 2023 | $1.5650 | $1.5650 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 9 year-over-year increases across 12 calendar years of data (2014–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.7525 | — | — |
| 2025 | $6.2600 | $4.7525 | -24.1% |
| 2024 | $6.2600 | $6.2600 | 0.0% |
| 2023 | $5.9750 | $6.2600 | +4.8% |
| 2022 | $5.4600 | $5.9750 | +9.4% |
| 2021 | $4.9300 | $5.4600 | +10.8% |
| 2020 | $4.5750 | $4.9300 | +7.8% |
| 2019 | $4.2750 | $4.5750 | +7.0% |
| 2018 | $3.9000 | $4.2750 | +9.6% |
| 2017 | $3.6050 | $3.9000 | +8.2% |
| 2016 | $3.3450 | $3.6050 | +7.8% |
| 2015 | $1.8700 | $3.3450 | +78.9% |
| 2014 | — | $1.8700 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Crown Castle (CCI) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.86B
YoY change
-23.8%
5Y CAGR
-0.2%
Peak year (2024)
$2.73B
Latest annual
$2.08B
Cash dividends paid over time for Crown Castle (CCI)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Crown Castle (CCI)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.08B | -23.8% | -$649.00M | ||
| 2024 | $2.73B | +0.2% | +$6.00M | ||
| 2023 | $2.72B | +4.7% | +$121.00M | ||
| 2022 | $2.60B | +9.7% | +$229.00M | ||
| 2021 | $2.37B | +12.7% | +$268.00M | ||
| 2020 | $2.10B | +10.1% | +$193.00M | ||
| 2019 | $1.91B | +7.3% | +$130.00M | ||
| 2018 | $1.78B | +18.1% | +$273.00M | ||
| 2017 | $1.51B | +17.6% | +$226.00M | ||
| 2016 | $1.28B | +14.9% | +$166.56M | ||
| 2015 | $1.12B | +78.8% | +$492.15M | ||
| 2014 | $624.30M | — | +$624.30M | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | -100.0% | -$19.88M | ||
| 2007 | $19.88M | +0.0% | +$2,000 | ||
| 2006 | $19.88M | -8.1% | -$1.75M | ||
| 2005 | $21.62M | — | +$21.62M | ||
| 2004 | $0 | -100.0% | -$73.44M | ||
| 2003 | $73.44M | — | +$73.44M | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | -100.0% | -$1.20M | ||
| 1999 | $1.20M | — | +$1.20M | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | — |
Crown Castle (CCI) most recent annual dividends paid stands at $2.08B (2025) – declined 23.8% year-over-year.
Over 2020–2025 (5 years), Crown Castle dividends paid expanded at a -0.2% compound annual rate, with a net decline across the window.
Crown Castle dividends paid declined from $2.73B in 2024 to $2.08B in 2025, a 23.8% drawdown.
$2.73B stands as the all-time-high annual dividends paid, posted in 2024, against a low of $0 during 1997.
Within Real Estate, Crown Castle (CCI) ranks 6th among 8 peers we track. The peer median for dividends paid is $2.55B.
Crown Castle Dividends Paid 2025: $2.08B
Crown Castle dividends paid in 2025 was $2.08B, declined 23.8% below 2024.
Crown Castle Dividends Paid 2024: $2.73B
Crown Castle dividends paid in 2024 was $2.73B, edged up 0.2% from 2023. This figure represents the highest annual value in the available history.
Crown Castle Dividends Paid 2023: $2.72B
Crown Castle dividends paid in 2023 was $2.72B, edged up 4.7% from 2022.
Crown Castle Dividends Paid 2022: $2.60B
Crown Castle dividends paid in 2022 was $2.60B, grew 9.7% from 2021.
Crown Castle Dividends Paid 2021: $2.37B
Crown Castle dividends paid in 2021 was $2.37B.
See more financial history for Crown Castle (CCI).
Sector peers by dividends paid
Companies in the same sector as Crown Castle, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Prologis (PLD) | $3.76B | Real Estate |
| American Tower (AMT) | $3.16B | Real Estate |
| Realty Income (O) | $2.92B | Real Estate |
| Simon Property Group (SPG) | $2.79B | Real Estate |
| Public Storage (PSA) | $2.30B | Real Estate |
| Welltower (WELL) | $1.88B | Real Estate |
| Equinix (EQIX) | $1.86B | Real Estate |
| Digital Realty Trust (DLR) | $1.73B | Real Estate |
Frequently asked questions
Does Crown Castle pay dividends?
Yes, Crown Castle (CCI) pays quarterly dividends of approximately $4.25 per share annually, yielding 4.59%.
What is Crown Castle's dividend yield?
Crown Castle (CCI) has a current dividend yield of 4.59%.
Is Crown Castle's dividend safe?
Crown Castle (CCI) passes 2 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
Is Crown Castle a yield trap?
Crown Castle (CCI) shows 2 warning signals: Payout ratio exceeds 90%; Dividend growth rate declining for multiple years. Investors should review fundamentals carefully.
How many consecutive years has Crown Castle increased its dividend?
Crown Castle (CCI) has 0 consecutive years of dividend increases.
What is Crown Castle's dividend payout ratio?
Crown Castle (CCI) has a dividend payout ratio of 175.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Crown Castle's dividends paid?
Latest reported dividends paid for Crown Castle (CCI) is $1.86B (period ending March 31, 2026).
How has Crown Castle dividends paid changed year-over-year?
Crown Castle (CCI) dividends paid changed -23.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Crown Castle dividends paid?
Crown Castle (CCI) dividends paid compound annual growth rate is -0.2% over the most recent 5 years available.
When did Crown Castle dividends paid hit its highest annual value?
Crown Castle dividends paid reached its highest annual value of $2.73B in 2024.
What was Crown Castle dividends paid in 2024?
Crown Castle (CCI) dividends paid in 2024 was $2.73B.
What was Crown Castle dividends paid in 2025?
Crown Castle (CCI) dividends paid in 2025 was $2.08B.
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