AMT AM

AMT American Tower Corporation (REI

Real Estate · REIT - Specialty

7 · Fair Momentum 2.0 · Weak Watch 13y streak

169.03

+1.06%

About the company

American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.

4.24%
98.35%
68.11%
7.16
78.8B
23.22
7.28
177.36

52-week range

169
low 160 high 196
Yield Growth Momentum Safety Value Health

Dividend deep dive

American Tower Corporation (AMT) is a Specialty REIT. It currently offers a dividend yield of 3.97%, which is above its 5-year average of 2.85% and 5-year high of 3.39%, suggesting it is undervalued by yield theory. The company holds a rating score of 7.0. Its momentum score is 4.0, indicating a weaker price trend, while its value score is 7.5, suggesting it may be relatively cheap.

Dividend history

AMT has consistently increased its dividend for 13 consecutive years, earning it a 'Contender' status in the CCC list. The 3-year dividend CAGR is 5.45%, while the 5-year CAGR is 8.70%. Its Chowder number stands at 12.7, surpassing the 8.0 threshold, which often indicates a strong combination of yield and growth. The dividend doubling time is 8.3 years. Annual dividends per share progressed from USD 1.40 in 2014 to USD 6.38 in 2023, with USD 6.48 projected for 2024 and USD 6.80 for 2025.

Dividend safety

American Tower's dividend safety status is currently flagged as "watch". The FFO payout ratio, relevant for REITs, is 68.11%, indicating coverage from funds from operations. However, the EPS payout ratio stands at 96.14%.

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AI-generated from Quantic's dividend data · Updated 7 Sep 2026 · Information, not financial advice.

Price history

293 228 164 2021 2022 2023 2024 2025 2026 2020-08 · 249 2020-09 · 242 2020-10 · 230 2020-11 · 231 2020-12 · 224 2021-01 · 227 2021-02 · 216 2021-03 · 239 2021-04 · 255 2021-05 · 255 2021-06 · 270 2021-07 · 283 2021-08 · 292 2021-09 · 265 2021-10 · 282 2021-11 · 262 2021-12 · 293 2022-01 · 252 2022-02 · 227 2022-03 · 251 2022-04 · 241 2022-05 · 256 2022-06 · 256 2022-07 · 271 2022-08 · 254 2022-09 · 215 2022-10 · 207 2022-11 · 221 2022-12 · 212 2023-01 · 223 2023-02 · 198 2023-03 · 204 2023-04 · 204 2023-05 · 184 2023-06 · 194 2023-07 · 190 2023-08 · 181 2023-09 · 164 2023-10 · 178 2023-11 · 209 2023-12 · 216 2024-01 · 196 2024-02 · 199 2024-03 · 198 2024-04 · 172 2024-05 · 196 2024-06 · 194 2024-07 · 220 2024-08 · 224 2024-09 · 233 2024-10 · 214 2024-11 · 209 2024-12 · 183 2025-01 · 185 2025-02 · 206 2025-03 · 218 2025-04 · 225 2025-05 · 215 2025-06 · 221 2025-07 · 208 2025-08 · 204 2025-09 · 192 2025-10 · 179 2025-11 · 181 2025-12 · 176 2026-01 · 179 2026-02 · 192 2026-03 · 173 2026-04 · 183 2026-05 · 187 2026-06 · 164 2026-07 · 169
Price

Dividend profile

Frequency
Quarterly
Growth (TTM)
+5.1%
CAGR 3y
+5.4%
+8.7%
13 years

(5-year)

Now 4.2%
2.0% avg 2.9% 3.4%

Payment calendar

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Dividend history

CAGR 3y +5.4% CAGR 5y +8.7% 13y streak
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

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Debt & leverage

444.6%
0.30
0.26
Debt vs cash
Debt Cash
Total debt
45.1B USD
Total cash
1.6B USD
7.0B USD

Latest reported balance-sheet figures.

Held by 3 investors

Appears in these lists

AMT qualifies for these curated dividend rankings.

Information, not financial advice.

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