Well, it happened. I bought one share of Crown Castle International (CCI) for the grand sum of $110.66. Some might call it a bold move, others might say it was a step in my inevitable journey to become a financial mogul. Me? I’d like to think of it as “an investment.”

You see, Crown Castle is no ordinary company. They own cell towers, fiber networks, and small cells that are the backbone of our modern communication infrastructure. In other words, they’re pretty much the reason we can scroll through cat memes and videos of people falling off skateboards without interruption. Important stuff, clearly.

But let’s get to the heart of why I made this trade. Sure, the company is solid, the future is wireless, and all that jazz. But what really caught my eye? The Forward Annual Dividend Yield of 5.67%. That’s right—5.67% in cold, hard, dividend-paying cash.

I also like the idea

However, like all great love stories, this one isn’t without its complications. For starters, Crown Castle’s Price-to-Earnings (P/E) ratio is sitting at a lofty 40.42. Now, I’m no stranger to taking risks, but a P/E ratio that high? It’s like paying designer prices for an off-brand bag. You hope it holds up, but there’s a nagging feeling it might not.

And then there’s the elephant in the room: $29 billion in debt against revenues of only $6.6 billion. Yes, you read that right—billion with a “B.” That’s a lot of zeroes on the wrong side of the balance sheet. It’s the financial equivalent of buying a mansion with a part-time job. Ambitious, but, let’s just say, not exactly comforting.

Now, some might say buying one share isn’t exactly a power move. They might even suggest it’s the financial equivalent of ordering a single French fry and expecting to be full. But here’s the thing: with a 5.67% yield, I could earn back my $110.66 in dividends in about 20 years. Sure, it’s not tomorrow, but it’s definitely faster than 300 years. And who doesn’t love the idea of getting paid just for owning a tiny piece of a company?

Let’s break it down. Crown Castle’s dividend means I’ll get a few bucks every year. And who doesn’t want a few extra bucks? They add up, right? In two decades or so, I might even make back that $110.66. In the meantime, I’ll be enjoying the thrill of those dividend deposits, however modest they may be.

But here’s the kicker: I’m now a part-owner of Crown Castle International. Technically, I have a say in how the company is run. If only they’d listen to my ideas about turning cell towers into giant Wi-Fi beacons for remote areas. But alas, they haven’t returned my calls—yet.

Of course, this trade isn’t without its risks. The stock market can be as unpredictable as a cat with a laser pointer. Between the P/E ratio and the debt, there’s plenty to keep me up at night. But I’m confident that, over time, Crown Castle will continue to play a crucial role in the communication industry. And by ‘confident,’ I mean I’m crossing my fingers and hoping for the best.

In conclusion, my purchase of one share of CCI is more than just a trade. It’s a statement, a declaration of my intention to be a part of the wireless revolution. Sure, it’s only one share, but Rome wasn’t built in a day—and neither was my investment portfolio. So, here’s to the start of something big. Or at the very least, something mildly interesting to talk about at dinner parties. And hey, with that 5.67% dividend yield, I might just be onto something—just as long as I don’t look too hard at that P/E ratio and the debt.