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SBA Communications Corporation (SBAC)
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Over the past 12 months, SBA Communications Corporation's Payout Ratio is 48.02%. SBAC has a payout ratio of 48.0%, based on $4.72 of dividends per share and $9.51 of EPS.

REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.

SBAC Payout Ratio History

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$9.83$4.4445.2%
2024$6.96$3.9256.3%
2023$4.64$3.4073.3%
2022$4.27$2.8466.5%
2021$2.17$2.32106.9%
2020$0.22$1.86845.5%
2019$1.30$0.7456.9%
2018$0.41$0.000.0%
2017$0.86$0.000.0%
2016$0.61$0.000.0%
2015($1.37)$0.00N/A (Loss)
2014($0.19)$0.00N/A (Loss)
2013($0.44)$0.00N/A (Loss)
2012($1.51)$0.00N/A (Loss)
2011($1.13)$0.00N/A (Loss)
2010($1.68)$0.00N/A (Loss)
2009($1.20)$0.00N/A (Loss)
2008($0.43)$0.00N/A (Loss)
2007($0.74)$0.00N/A (Loss)
2006($1.36)$0.00N/A (Loss)
2005($1.28)$0.00N/A (Loss)
2004($2.52)$0.00N/A (Loss)
2003($3.30)$0.00N/A (Loss)
2002($5.41)$0.00N/A (Loss)
2001($2.64)$0.00N/A (Loss)
2000($0.70)$0.00N/A (Loss)
1999($2.00)$0.00N/A (Loss)
1998($2.33)$0.00N/A (Loss)

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.

Boca Raton, FL
1,720 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Brendan Thomas Cavanagh