Current Yield
5.55%
TTM Dividend/Share
$4.25
Payment Frequency
Quarterly
Payout Ratio
175.6%
Consecutive Growth Years
0
Key takeaways
- Crown Castle (CCI) currently yields 5.55%, paying $4.25 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 175.6% — the share of earnings distributed as dividends.
- 2 of 8 dividend safety checks passed.
- 5-year dividend CAGR of -0.73% (growth is decelerating).
Dividend yield valuation for Crown Castle (CCI)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 5.55% |
1-year average yield | 5.38%now 0.17 pp above |
3-year average yield | 5.92%now 0.37 pp below |
5-year average yield | 4.96%now 0.59 pp above |
CCI: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Crown Castle (CCI)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 4.8% |
FCF payout ratio | 17.4% |
Net debt / EBITDA | 9.1x |
Interest coverage | 2.08x |
ROIC (TTM) | 7.5% |
Dividend safety score for Crown Castle (CCI)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
2 of 8 checks passed
Payout ratio below 75%
Payout ratio is 175.6%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $863M — FCF fully covers the payout.
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 (-17.3%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
50 payments from 2014 to 2026 · Adj. Dividend is split-adjusted
| Jun 15, 2026 | Jun 30, 2026 | $1.0625 | $1.0625 |
| 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 15, 2026$1.0625
- Mar 13, 2026$1.0625
- Dec 15, 2025$1.0625
- Sep 15, 2025$1.0625
- Jun 13, 2025$1.0625
- Mar 14, 2025$1.5650
- Dec 13, 2024$1.5650
- Sep 13, 2024$1.5650
- Jun 14, 2024$1.5650
- Mar 14, 2024$1.5650
- Dec 14, 2023$1.5650
- Sep 14, 2023$1.5650
Historical dividend yield for Crown Castle (CCI)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 5.38%5Y: 4.96%10Y: 4.37%
Dividend per share for Crown Castle (CCI)
CAGR (per year)1Y: -24.08%5Y: -0.73%10Y: 3.57%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 2014 | $1.87 | 4 |
| 2015 | $3.35 | 4 |
| 2016 | $3.60 | 4 |
| 2017 | $3.90 | 4 |
| 2018 | $4.28 | 4 |
| 2019 | $4.58 | 4 |
| 2020 | $4.93 | 4 |
| 2021 | $5.46 | 4 |
| 2022 | $5.97 | 4 |
| 2023 | $6.26 | 4 |
| 2024 | $6.26 | 4 |
| 2025 | $4.75 | 4 |
| 2026 | $2.13 | 2 |
Dividend growth for Crown Castle (CCI)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 9 year-over-year increases across 12 calendar years of data (2014–2025).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 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 | — |
- 2026—
- 2025$4.7525
- 2024$6.2600
- 2023$6.2600
- 2022$5.9750
- 2021$5.4600
- 2020$4.9300
- 2019$4.5750
- 2018$4.2750
- 2017$3.9000
- 2016$3.6050
- 2015$3.3450
- 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.
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