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American Tower Corporation (AMT)
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AMT Dividends

American Tower Corporation (AMT) pays $5.10 in dividends per share, with a current dividend yield of 2.67%. The company has dividend history for 14 consecutive years.

AMT Dividend Summary

Consecutive Years

14

Next Ex-Dividend Date

Jun 12, 2026

Next Payment Date

Jul 13, 2026

AMT Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

AMT Dividends CAGR Chart

American Tower Corporation (AMT)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.79
2025$6.80+4.94%
2024$6.48+0.47%
2023$6.45+10.07%
2022$5.86+12.48%
2021$5.21+15.01%
2020$4.53+19.84%
2019$3.78+20.00%
2018$3.15+20.23%
2017$2.62+20.74%
2016$2.17+19.89%
2015$1.81+29.29%
2014$1.40+27.27%
2013$1.10+22.22%
2012$0.90N/A
2011$0.35N/A

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.79
Q4 2025$1.70
Q3 2025$1.70
Q2 2025$3.40+4.94%
Q4 2024$3.24-2.41%
Q2 2024$3.24+3.51%
Q4 2023$3.32+9.57%
Q2 2023$3.13+10.60%
Q4 2022$3.03
Q2 2022$2.83+12.75%
Q4 2021$1.39+14.88%
Q3 2021$1.31+14.91%
Q2 2021$2.51+15.14%
Q4 2020$1.21+19.80%
Q3 2020$1.14+20.00%
Q2 2020$2.18+19.78%
Q4 2019$1.01+20.24%
Q3 2019$0.95+20.25%
Q2 2019$1.82+19.74%
Q4 2018$0.84+20.00%
Q3 2018$0.79+19.70%
Q2 2018$1.52+20.63%
Q4 2017$0.70+20.69%
Q3 2017$0.66+20.00%

Dividend Yield Metrics

Current Yield
2.67%
Average Yield (TTM)
2.67%
Average Yield (3Y)
3.45%
Forward Yield on Cost (3Y)
3.49%
Forward Yield on Cost (5Y)
4.17%
Forward Yield on Cost (10Y)
6.49%

Payout Ratio Analysis

Payout Ratio (Current)
94.44%
FCF Payout Ratio
63.45%
Payout Ratio (3Y Avg)
154.31%
Payout Ratio (5Y Avg)
141.50%
FCF Payout (3Y Avg)
89.63%
FCF Payout (5Y Avg)
97.12%

For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.

Dividend Coverage

Payout Ratio
94.4%
Dividends / net income
FCF Payout Ratio
63.5%
Dividends / free cash flow
Consecutive Years
14 years
Years with regular dividend payments
5Y Dividend Growth
8.5%
Compound annual dividend growth

About American Tower Corporation

American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.

Boston, MA
4,691 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Steven O. Vondran