Monday, February 29, 2016

American Tower Enjoys ‘Double-Digit Revenue Growth,’ Ups Dividend 30%

There is joy in Beantown for the folks at American Tower Corp. The Boston-based international tower conglomerate on Friday reported total revenue soared more than 22 percent to $1.28 billion in its fourth quarter ending December 31, 2015, and that property revenue increased 21.5 percent to $1.251 billion. Per share earnings were $1.27 beating Barclay’s estimate of $1.21 but off from the third quarter’s $1.31 per share earnings. Continue Reading

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