SBA Communications Dividends and Buybacks
Dividend criteria checks 3/6
SBA Communications is a dividend paying company with a current yield of 1.77% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
1.8%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 25.6% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | US$3.920 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)
Oct 22SBA Communications: Headwinds Persist, Macro Improves
Aug 06SBA Communications: Too Expensive For What It Delivers
Jul 08SBA Communications: A Solid Prospect In The Telecommunications Space
Apr 28SBA Communications Q4: A Dividend Growth Machine For Your Income Portfolio
Apr 15If EPS Growth Is Important To You, SBA Communications (NASDAQ:SBAC) Presents An Opportunity
Oct 19
SBA Communications: Recent Results Impressive
Aug 23SBA Communications drops as Hedgeye adds new best idea short call
Aug 16SBA Communications FFO of $3.07 beats by $0.49, revenue of $652.01M beats by $25.69M
Aug 01Does SBA Communications (NASDAQ:SBAC) Deserve A Spot On Your Watchlist?
Jul 21Stability 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) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Specialized REITs) | 3.7% |
| Analyst forecast (SBAC) (up to 3 years) | 2.4% |
Notable Dividend: SBAC's dividend (1.77%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: SBAC's dividend (1.77%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), SBAC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), SBAC's dividend payments are well covered by cash flows.