American Tower dividend calculator – American Tower Corp Declares 1.56 Cash Dividend
April 5, 2023
Dividends Yield
On April 1, 2023, American Tower ($NYSE:AMT) Corp declared a 1.56 cash dividend. This marks the third consecutive year of annual dividend payments to shareholders, with the amount per share already having risen from USD 5.86 in the past three years. This makes American Tower Corp a strong candidate for those looking to invest in dividend stocks, as the yield on the dividend is currently at 2.57%. The ex-dividend date for the next dividend payment is set for April 13, 2023.
This gives prospective investors the opportunity to purchase shares prior to the ex-dividend date and still be eligible to receive the dividend payment. Investing in American Tower Corp can be a great way for investors to earn steady returns on their investments.
Market Price
The company’s stock opened at $203.2 and closed at $201.1, down 1.6% from the prior closing price of 204.3. It is also the 13th consecutive quarterly dividend payment that AMERICAN TOWER has made to its shareholders. The company has a history of providing its shareholders with a steady stream of dividend payments, demonstrating its commitment to creating long-term value for its investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for American Tower. More…
| Total Revenues | Net Income | Net Margin |
| 10.71k | 1.77k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for American Tower. More…
| Operations | Investing | Financing |
| 3.7k | -2.36k | -1.42k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for American Tower. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 67.19k | 54.79k | 11.97 |
Key Ratios Snapshot
Some of the financial key ratios for American Tower are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 28.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
GoodWhale has conducted an analysis of AMERICAN TOWER‘s health and have given it an intermediate health score of 5/10 with regard to its cashflows and debt. This suggests that the company might be able to sustain future operations in times of crisis. AMERICAN TOWER performed strongly in terms of dividend, while they are medium in asset, growth, and profitability. Based on these results, we have classified AMERICAN TOWER as a ‘cow’, meaning that they have the track record of paying out consistent and sustainable dividends. This type of company may be attractive for income investors looking for a safe and steady stream of income from stable dividend payouts. However, it may also be suitable for growth investors looking for a longer-term investment opportunity, as the stock may appreciate over the long run due to their strong dividend history and intermediate health score. More…
Peers
The company owns and operates more than 40,000 wireless communication sites across the country. American Tower Corp’s main competitors are SBA Communications Corp, CyrusOne Inc, and Equinix Inc.
– SBA Communications Corp ($NASDAQ:SBAC)
SBA Communications Corporation is a holding company that operates as a real estate investment trust (REIT), which is engaged in the ownership and leasing of wireless communications infrastructure, including antenna sites, towers, other structures, and supporting assets.
As of December 31, 2020, the Company owned or operated approximately 40,000 communication sites in the United States, Brazil, Canada, Chile, Colombia, Germany, Guatemala, India, Mexico, Peru, South Africa, and Spain.
– CyrusOne Inc ($NASDAQ:EQIX)
Equinix is a company that provides data center and interconnection services to a variety of customers. Its market cap as of 2022 is 47.86B. The company has a variety of products and services that it offers to its customers, which include data center services, interconnection services, and a variety of other services.
Summary
Investing in AMERICAN TOWER is a smart decision for investors looking for a safe and reliable dividend stock. The company has consistently paid an annual dividend of USD 5.86 per share over the past 3 years, with a yield of 2.57%. Its strong financial performance and dividend history make it a great option for those seeking steady income from their portfolio. Stable share prices and healthy capitalization indicate that the stock will remain a safe bet for years to come, offering investors consistent returns and security.
