SARASOTA, Fla.-Global Signal Inc. said its board of directors has increased its cash dividend for the fourth quarter to 40 cents per share of common stock from 37 cents in the third quarter of 2004.
The dividend is payable Jan. 20.
The tower player owns or manages more than 3,800 towers and other sites.
The company also secured another mortgage loan at 5 percent interest rate, paying $182 million in both loan and fund reserve account to acquire other wireless tower assets.
