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Is This Towering 5%-Yielding Dividend at Risk?
CCICrown Castle(CCI) The Motley Fool·2024-10-04 09:11

Crown Castle's dividend could be on shaky ground. Crown Castle (CCI -1.29%) pays a towering dividend. The real estate investment trust (REIT) focused on data and communications infrastructure yields more than 5%. That puts it near the top of the S&P 500, where the average dividend yield is less than 1.5%. Crown Castle had been growing its payout at a healthy clip until pressing pause a couple of years ago because of several headwinds. The infrastructure REIT had planned to restart its dividend growth engine ...