Sba Communications's most recent quarterly dividend was on Mar 13, 2024 (ex-date) with a cash dividend payment of $0.98 per share. On an annualized basis, the company has a current payout of $3.53 per share. This brings the dividend yield to 1.77% based on its recent close price. The latest dividend has grown by $0.13, or 15% from the previous payment.
Sba Communications's dividend yield of 1.77% is lower than the Real Estate sector, the industry and its peers average. If we compare it with the Real Estate sector average of 6.37%, Sba Communications's dividend yield is 72% lower. Historically SBAC's dividend yield has averaged at 0.9% in the last 5 years, which is less than the current one.
Sba Communications has been paying dividends since 2019. SBAC has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 18% for the last year. And since the stock price has gone down by 22% from a year ago, the dividend yield has grown by 52%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 13, 2024 | Mar 28, 2024 | Feb 26, 2024 | $0.98 | normal |
| Nov 15, 2023 | Dec 14, 2023 | Nov 2, 2023 | $0.85 | normal |
| Aug 23, 2023 | Sep 20, 2023 | Jul 31, 2023 | $0.85 | normal |
| May 25, 2023 | Jun 21, 2023 | May 1, 2023 | $0.85 | normal |
| Mar 9, 2023 | Mar 24, 2023 | Feb 21, 2023 | $0.85 | normal |
| Nov 16, 2022 | Dec 15, 2022 | Oct 31, 2022 | $0.71 | normal |
| Aug 24, 2022 | Sep 20, 2022 | Aug 1, 2022 | $0.71 | normal |
| May 18, 2022 | Jun 14, 2022 | Apr 25, 2022 | $0.71 | normal |
| Mar 9, 2022 | Mar 25, 2022 | Feb 28, 2022 | $0.71 | normal |
| Nov 17, 2021 | Dec 16, 2021 | Nov 1, 2021 | $0.58 | normal |
| Aug 25, 2021 | Sep 23, 2021 | Aug 2, 2021 | $0.58 | normal |
| May 19, 2021 | Jun 15, 2021 | Apr 26, 2021 | $0.58 | normal |
| Mar 9, 2021 | Mar 26, 2021 | Feb 22, 2021 | $0.58 | normal |
| Nov 18, 2020 | Dec 17, 2020 | Nov 2, 2020 | $0.465 | normal |
| Aug 24, 2020 | Sep 22, 2020 | Aug 3, 2020 | $0.465 | normal |
| May 27, 2020 | Jun 18, 2020 | May 5, 2020 | $0.465 | normal |
| Mar 9, 2020 | Mar 26, 2020 | Feb 19, 2020 | $0.465 | normal |
| Nov 20, 2019 | Dec 19, 2019 | Oct 25, 2019 | $0.37 | normal |
| Aug 27, 2019 | Sep 25, 2019 | Jul 29, 2019 | $0.37 | normal |
Sba Communications's payout ratio of 76.1% is below the Real Estate sector, the industry and its peers average. If we compare it with its Real Estate sector average of 138.1%, Sba Communications's payout ratio is 45% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VZ Verizon Communications Inc | 6.75% | $2.65 | 95.9% |
| T At&T Inc | 6.72% | $1.11 | 56.3% |
| CCI Crown Castle International Corp | 6.66% | $6.26 | 180.9% |
| TDS Telephone & Data Systems Inc | 4.81% | $0.75 | N/A |
| AMT American Tower Corp | 3.77% | $6.51 | 204.7% |
| SBAC Sba Communications Corp | 1.79% | $3.53 | 76.1% |
Yes, Sba Communications has been paying dividends for the last five years.
Currently SBAC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.
Sba Communications's last dividend ex-date was on Mar 13, 2024. The dividend amount was $0.98 per share.
SBAC's annualized dividend per share is $3.53.
Sba Communications's current dividend yield is 1.77%.
Sba Communications pays dividends quarterly.
Sba Communications's dividend payout ratio is 76.1%.
Sba Communications's dividend yield is less than the Real Estate sector average.