Crown Castle (CCI)

[peterquinnvet]

Crown Castle (NYSE:CCI) is one of the largest infrastructure-focused real estate investment trusts (REITs). The company enables mobile data and voice transmissions by operating large communications towers in the U.S. It also owns a fiber-optic cable telecommunications network and a growing portfolio of small cell wireless sites. This infrastructure is crucial for enabling 5G networks to expand across the country.

This infrastructure REIT has steadily increased both its cash flow and its dividend. Crown Castle sees a decade-long investment opportunity ahead supporting the expansion of 5G. The REIT believes this expansion should support a 7% to 8% annual growth in its dividend.

https://www.fool.com/investing/stock-market/market-sectors/industrials/construction-stocks/infrastructure-stocks/