SBAC Dividends
SBA Communications Corporation (SBAC) pays $4.72 in dividends per share, with a current dividend yield of 2.32%. The company has dividend history for 6 consecutive years.
SBAC Dividend Summary
2.32%
$4.72
48.02%
49.70%
Consecutive Years
6
Most Recent Ex-Date
May 22, 2026
Next Payment Date
Jun 17, 2026
SBAC Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
SBAC Dividends CAGR Chart
SBA Communications Corporation (SBAC)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $2.50 | — |
| 2025 | $4.44 | +13.27% |
| 2024 | $3.92 | +15.29% |
| 2023 | $3.40 | +19.72% |
| 2022 | $2.84 | +22.41% |
| 2021 | $2.32 | +24.73% |
| 2020 | $1.86 | N/A |
| 2019 | $0.74 | N/A |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $1.25 | +12.61% |
| Q1 2026 | $1.25 | +12.61% |
| Q4 2025 | $1.11 | +13.27% |
| Q3 2025 | $1.11 | +13.27% |
| Q2 2025 | $1.11 | +13.27% |
| Q1 2025 | $1.11 | +13.27% |
| Q4 2024 | $0.98 | +15.29% |
| Q3 2024 | $0.98 | +15.29% |
| Q2 2024 | $0.98 | +15.29% |
| Q1 2024 | $0.98 | +15.29% |
| Q4 2023 | $0.85 | +19.72% |
| Q3 2023 | $0.85 | +19.72% |
| Q2 2023 | $0.85 | +19.72% |
| Q1 2023 | $0.85 | +19.72% |
| Q4 2022 | $0.71 | +22.41% |
| Q3 2022 | $0.71 | +22.41% |
| Q2 2022 | $0.71 | +22.41% |
| Q1 2022 | $0.71 | +22.41% |
| Q4 2021 | $0.58 | +24.73% |
| Q3 2021 | $0.58 | +24.73% |
| Q2 2021 | $0.58 | +24.73% |
| Q1 2021 | $0.58 | +24.73% |
| Q4 2020 | $0.47 | +25.68% |
| Q3 2020 | $0.47 | +25.68% |
Dividend Yield Metrics
- Current Yield
- 2.32%
- Average Yield (TTM)
- 2.32%
- Average Yield (3Y)
- 1.92%
- Forward Yield on Cost (3Y)
- 4.44%
- Forward Yield on Cost (5Y)
- 6.84%
- Forward Yield on Cost (10Y)
- 20.17%
Payout Ratio Analysis
- Payout Ratio (Current)
- 48.02%
- FCF Payout Ratio
- 49.70%
- Payout Ratio (3Y Avg)
- 58.26%
- Payout Ratio (5Y Avg)
- 69.64%
- FCF Payout (3Y Avg)
- 37.06%
- FCF Payout (5Y Avg)
- 32.91%
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
About SBA Communications Corporation
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- Brendan Thomas Cavanagh