SBA Communications Dividend
Dividend criteria checks 2/6
SBA Communications is a dividend paying company with a current yield of 1.59% that is well covered by earnings.
Key information
1.6%
Dividend yield
29%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$3.920 |
| Earnings per share | Mex$4.79 |
| Dividend yield forecast | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SBAC * has been paying a dividend for less than 10 years.
Growing Dividend: SBAC *'s dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| SBA Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBAC *) | 1.6% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Specialized REITs) | 3.6% |
| Analyst forecast (SBAC *) (up to 3 years) | 2.1% |
Notable Dividend: SBAC *'s dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.25%).
High Dividend: SBAC *'s dividend (1.59%) is low compared to the top 25% of dividend payers in the MX market (7.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), SBAC *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.1%), SBAC *'s dividend payments are well covered by cash flows.