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CCI Dividend Calculator: Project Crown Castle Dividend Income

Crown Castle owns and leases telecom towers and fiber infrastructure across the United States. As a REIT, it has historically paid high dividends, backed by long-term leases with wireless carriers.

The payout was reduced in 2024 as the company restructured around its tower business and cut fiber-related spending. That makes CCI a yield holding to research carefully rather than assume, especially with several mobile carriers consolidating.

Use this calculator to project CCI income from any amount and to stress-test the payout assumption yourself.

Data as of September 27, 2026 · Sources: Yahoo Finance and company filings.

Share price
$67.84
Dividend yield (TTM)
6.26%
TTM dividend / share
$4.24
Distribution frequency
Quarterly
Payout ratio
n/a
Market cap
$29.6B
How much CCI do you need for your income goal?

Capital required at the current 6.26% yield, before taxes and before accounting for future dividend growth or reinvestment.

Monthly incomeAnnual incomeCapital requiredApprox. shares
$500/month$6.0K$95.8K1,413
$1,000/month$12.0K$191.7K2,826
$2,000/month$24.0K$383.4K5,652
$3,000/month$36.0K$575.1K8,478
$5,000/month$60.0K$958.5K14,129
$10,000/month$120.0K$1.9M28,257

Estimates only. Yield, share price, and distributions change over time. Use the full calculator to model monthly contributions, dividend growth, taxes, and reinvestment.

How long to reach your CCI income goal?

Years until projected dividend income first reaches each target, starting from zero with every distribution reinvested. Assumes today's 6.26% yield and dividend growth consistent with the fund's record; taxes and withdrawals are excluded.

Monthly contribution$500/month$1,000/month$2,000/month$5,000/month
$250/month60+60+60+60+
$500/month60+60+60+60+
$1,000/month60+60+60+60+

Projections assume a constant yield, dividend growth consistent with the holding's recent record, no price changes beyond its recent trend, and full reinvestment. Actual results will differ. Dividend income is shown before taxes.

Who CCI is for
  • Income investors who want tower/fiber infrastructure exposure
  • Retirement accounts, where REIT distributions avoid annual ordinary-income tax
  • Investors prepared to monitor carrier consolidation and payout coverage
  • High-yield sleeves that accept single-sector concentration
Trade-offs to understand
  • The dividend was reduced in 2024 amid a strategic reset
  • Carrier consolidation reduces demand for new tower leases
  • Rate-sensitive REIT: higher rates pressure valuations and borrowing costs

About Crown Castle Inc.

Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service – bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. Crown Castle Inc. was established in 1994 and was incorporated in Delaware.

CCI key facts
MetricValue
CompanyCrown Castle Inc.
SectorReal Estate
IndustryREIT - Specialty
TickerCCI
Share price$67.84
Dividend yield (TTM)6.26%
Annual dividend / share$4.25
TTM distributions / share$4.24
Payout ration/a
Distribution frequencyQuarterly
Market cap$29.6B

Figures are the latest available and change with price and company reporting. The payout ratio is omitted when reported earnings distort it above 120% — common for REITs and companies with large one-off charges. Historical performance is not a forecast.

CCI dividend history and payout schedule
TTM / share
$4.24
Yield (TTM)
6.26%
Annual growth
-7.8%
Pays in
March, June, September, December
Payment datePer share
September 15, 2026$1.06
June 15, 2026$1.06
March 13, 2026$1.06
December 15, 2025$1.06
September 15, 2025$1.06
June 13, 2025$1.06
March 14, 2025$1.57
December 13, 2024$1.57

Annual growth compares the latest twelve months of distributions with the twelve months ending four years earlier and is not a forecast. Past distributions can be reduced or suspended.

CCI frequently asked questions

CCI yields about 6.26% per year on a trailing basis at $67.84 per share. The yield reflects the reset payout introduced in 2024, so it is not comparable to the company's earlier distribution level.

At a 6.26% yield, $12,000 per year requires roughly $191.7K, or about 2,826 shares at $67.84. Because the payout was recently reset, treat the result as a snapshot rather than a stable target.

Crown Castle distributes quarterly, recently in March, June, September, December. The trailing twelve-month distribution totals about $4.24 per share. Reinvestment is available at most brokers.

Crown Castle cut its dividend in 2024 while restructuring its fiber strategy, so the payout should not be treated as untouchable. Tower leases provide contracted revenue, but carrier consolidation reduces growth in new leasing activity.

REIT distributions are generally taxed as ordinary income rather than qualified dividends, with a portion often classified as return of capital that reduces cost basis. Holding CCI in an IRA or Roth avoids the annual tax drag. Confirm your situation with a tax professional.

Comparing the latest twelve months of distributions with the twelve months ending four years earlier, Crown Castle's per-share payout has changed by roughly -7.8% per year. That history includes the 2024 reduction — a reminder to verify payout coverage before relying on a REIT's yield.

Starting from zero, $500 a month does not reach $1,000 in monthly dividend income within 60 years at CCI's current yield and dividend growth assumptions. A larger contribution, a higher-yielding holding, or a longer horizon would be needed — model your own assumptions in the calculator above.

Disclaimer: This page is for educational purposes only and is not financial, investment, or tax advice. Data is sourced from Yahoo Finance and company filings and may be delayed or contain errors. Dividends are not guaranteed and can be reduced or suspended. Past performance is not indicative of future results. Always consult a qualified advisor before making investment decisions.