American Tower's most recent quarterly dividend was on Apr 11, 2024 (ex-date) with a cash dividend payment of $1.62 per share. On an annualized basis, the company has a current payout of $6.51 per share. This brings the dividend yield to 3.65% based on its recent close price. The latest dividend has decreased by $0.08, or 4.7% from the prior payment.
AMT has a dividend yield of 3.65% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.49%, American Tower's dividend yield is 44% lower. The historical 5-year average of AMT's dividend yield is 2.3%, which is less than the current one.
American Tower has been paying dividends since 2011. AMT has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. And since the stock price has gone down by 14% from a year ago, the dividend yield has increased by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 11, 2024 | Apr 26, 2024 | Mar 14, 2024 | $1.62 | normal |
| Dec 27, 2023 | Feb 1, 2024 | Dec 14, 2023 | $1.7 | normal |
| Oct 10, 2023 | Oct 27, 2023 | Sep 20, 2023 | $1.62 | normal |
| Jun 15, 2023 | Jul 10, 2023 | May 25, 2023 | $1.57 | normal |
| Apr 13, 2023 | Apr 28, 2023 | Mar 9, 2023 | $1.56 | normal |
| Dec 27, 2022 | Feb 2, 2023 | Dec 8, 2022 | $1.56 | normal |
| Oct 7, 2022 | Oct 26, 2022 | Sep 22, 2022 | $1.47 | normal |
| Jun 16, 2022 | Jul 8, 2022 | May 19, 2022 | $1.43 | normal |
| Apr 12, 2022 | Apr 29, 2022 | Mar 11, 2022 | $1.4 | normal |
| Dec 23, 2021 | Jan 14, 2022 | Dec 16, 2021 | $1.39 | normal |
| Sep 27, 2021 | Oct 15, 2021 | Sep 16, 2021 | $1.31 | normal |
| Jun 17, 2021 | Jul 9, 2021 | May 27, 2021 | $1.27 | normal |
| Apr 12, 2021 | Apr 29, 2021 | Mar 4, 2021 | $1.24 | normal |
| Dec 24, 2020 | Feb 2, 2021 | Dec 3, 2020 | $1.21 | normal |
| Sep 25, 2020 | Oct 16, 2020 | Sep 10, 2020 | $1.14 | normal |
| Jun 18, 2020 | Jul 10, 2020 | May 19, 2020 | $1.1 | normal |
| Apr 13, 2020 | Apr 29, 2020 | Mar 13, 2020 | $1.08 | normal |
| Dec 26, 2019 | Jan 14, 2020 | Dec 12, 2019 | $1.01 | normal |
| Sep 26, 2019 | Oct 17, 2019 | Sep 24, 2019 | $0.95 | normal |
| Jun 18, 2019 | Jul 12, 2019 | May 22, 2019 | $0.92 | normal |
| Apr 10, 2019 | Apr 26, 2019 | Mar 7, 2019 | $0.9 | normal |
| Dec 26, 2018 | Jan 14, 2019 | Dec 4, 2018 | $0.84 | normal |
| Sep 27, 2018 | Oct 17, 2018 | Sep 6, 2018 | $0.79 | normal |
| Jun 18, 2018 | Jul 13, 2018 | May 24, 2018 | $0.77 | normal |
| Apr 10, 2018 | Apr 27, 2018 | Mar 8, 2018 | $0.75 | normal |
| Dec 27, 2017 | Jan 16, 2018 | Dec 7, 2017 | $0.7 | normal |
| Sep 28, 2017 | Oct 17, 2017 | Sep 12, 2017 | $0.66 | normal |
| Jun 15, 2017 | Jul 14, 2017 | Jun 1, 2017 | $0.64 | normal |
| Apr 10, 2017 | Apr 28, 2017 | Mar 9, 2017 | $0.62 | normal |
| Dec 23, 2016 | Jan 13, 2017 | Dec 14, 2016 | $0.58 | normal |
| Sep 28, 2016 | Oct 17, 2016 | Sep 16, 2016 | $0.55 | normal |
| Jun 15, 2016 | Jul 15, 2016 | Jun 2, 2016 | $0.53 | normal |
| Apr 8, 2016 | Apr 28, 2016 | Mar 9, 2016 | $0.51 | normal |
| Dec 14, 2015 | Jan 13, 2016 | Dec 3, 2015 | $0.49 | normal |
| Sep 21, 2015 | Oct 7, 2015 | Sep 10, 2015 | $0.46 | normal |
| Jun 15, 2015 | Jul 16, 2015 | $0.44 | normal |
AMT has a payout ratio of 204.7% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 137.9%, American Tower's payout ratio is 48% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CCI Crown Castle International Corp | 6.54% | $6.26 | 180.9% |
| TDS Telephone & Data Systems Inc | 4.85% | $0.75 | N/A |
| AMT American Tower Corp | 3.65% | $6.51 | 204.7% |
| SBAC Sba Communications Corp | 1.77% | $3.53 | 76.1% |
Yes, American Tower has paid four dividends in the last twelve months. AMT has been paying dividends since 2011.
At this point we don't have a record of AMT's next dividend date, but based on the current dividend schedule we project that it will likely be in July 2024.
American Tower's last dividend ex-date was on Apr 11, 2024. The dividend amount was $1.62 per share.
On an annual basis AMT pays $6.51 per share.
The current dividend yield of American Tower is 3.65%.
American Tower has a quarterly dividend frequency.
American Tower's dividend payout ratio is 204.7%.
American Tower's dividend yield is less than the Real Estate sector average.