Communications Sales & Leasing Declares Pro-Rated Quarterly Dividend for the Period April 25, 2015 Through June 30, 2015, Payable on June 15, 2015; Provides Annual Dividend Guidance; Appoints Blake Schuhmacher as Principal Accounting Officer
May 06, 2015 at 06:51 pm
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Communications Sales & Leasing, Inc. announced that its board of directors declared a pro-rated $0.4418 per share quarterly dividend to its common stockholders. Stockholders of record at the close of business on June 30, 2015, will receive a cash dividend of $0.4418 per share for the period April 25, 2015 through June 30, 2015, which represents a quarterly dividend of $0.60 per share. The dividend is payable on June 15, 2015.
The company expects to pay an annual dividend of $2.40, or $0.60 per share quarterly.
On May 6, 2015, the board of directors of the company designated Blake Schuhmacher, the company's Vice President - Controller, as principal accounting officer of the company. Mr. Schuhmacher joined the company in October 2014 as Controller and was promoted to his current position of Vice President - Controller on May 6, 2015.
Uniti Group Inc. is an independent, internally managed real estate investment trust (REIT), which is engaged in the acquisition, construction, and leasing of mission critical infrastructure in the communications industry. The Company is principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers. The Companyâs lines of business include Uniti Leasing and Uniti Fiber. The Uniti Leasing is engaged in acquiring and constructing mission-critical communications assets, such as fiber, data centers, next generation consumer broadband, coaxial and upgradeable copper, and leasing them back to anchor customers on either an exclusive or shared-tenant basis. The Uniti Fiber is a provider of infrastructure solutions, including cell site backhaul and small cell for wireless operators and ethernet, wavelengths and dark fiber for telecommunications carriers and enterprises. The Company owns approximately 1,40,000 fiber network route miles.
Communications Sales & Leasing Declares Pro-Rated Quarterly Dividend for the Period April 25, 2015 Through June 30, 2015, Payable on June 15, 2015; Provides Annual Dividend Guidance; Appoints Blake Schuhmacher as Principal Accounting Officer
UNITI GROUP INC. 
