American Tower Dividends and Buybacks
Dividend criteria checks 5/6
American Tower is a dividend paying company with a current yield of 3.51% that is well covered by earnings. Next payment date is on 3rd February, 2025 with an ex-dividend date of 27th December, 2024.
Key information
3.5%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 6.6% |
| Next dividend pay date | 03 Feb 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | US$6.480 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
American Tower: An Undervalued Dividend Stock Benefiting From Durable Competitive Advantages
Nov 18American Tower's Multiyear Underperformance Will Continue
Oct 21American Tower: 5G Reacceleration, But Volatility Comes First (Rating Upgrade)
Sep 19Say 'Night Night' With American Tower
Aug 17American Tower: The Perfect Exposure For Lower Interest Rates
Aug 09American Tower: An Undervalued 'Blackstone-Style' REIT
Jul 09American Tower Isn't Dead As The Tide Is Potentially Turning
Jun 06American Tower: Tower-Ing Returns
May 01American Tower: Buy-And-Hold Investors Should Be Euphoric About This Bargain
Apr 21American Tower: Don't Be Fooled By The Dividend Cut
Mar 25Growth Or Dividends? Get Both With American Tower
Mar 02American Tower Has Dividend Power
Feb 22American Tower: Mobile Trends Fueling Expansion But Not A Buy Yet
Feb 06American Tower: There's Still Time To Buy This Wonderful REIT
Jan 05American Tower Is Too Expensive
Dec 04American Tower: 2-Notch Upgrade From Sell To Buy
Nov 28Down 40% - 3.6%-Yielding American Tower Is A Deep-Value Opportunity
Nov 02American Tower: I Agree With Wall Street On This One
Oct 26The Towering Inferno: SBA Communications And American Tower Entering Buy-Zones
Sep 28It's The Best Time In History To Buy American Tower
Sep 202 Insanely Cheap REITs I Am Buying
Sep 06Crown Castle Vs. American Tower: Only One Deserves To Be Called King
Aug 27Who Else Is Doubling Down On Cell Tower REITs?
Aug 08American Tower: Too Depressed But Buyers' Redemption Is Likely Close
Jul 26From Towers To Cash Flow: American Tower's Winning Formula
Jun 25Buy American Tower For Income
May 24Skeptical American Tower would look to acquire Cellnex - analyst
Jan 23American Tower raised at Goldman as rates-driven slump creates buying opportunity
Jan 10American Tower: Ignore The Market's Signals
Dec 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AMT's dividends per share have been stable in the past 10 years.
Growing Dividend: AMT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| American Tower Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AMT) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Specialized REITs) | 3.7% |
| Analyst forecast (AMT) (up to 3 years) | 4.0% |
Notable Dividend: AMT's dividend (3.51%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: AMT's dividend (3.51%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.7%), AMT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), AMT's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:27 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
American Tower Corporation is covered by 53 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Jacob Kilstein | Argus Research Company |
| Christopher Watts | Atlantic Equities LLP |