AMT American Tower Corporation (REI
Real Estate · REIT - Specialty
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.
52-week range
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%.
Quantic · Free
Read the rest of the safety verdict
Plus the key risks and what to watch next — free, no card.
AI-generated from Quantic's dividend data · Updated 7 Sep 2026 · Information, not financial advice.
Price history
Dividend profile
Yield band A stock's current dividend yield shown against its own range over the past five years — the low, average and high. Near the high end the shares look relatively cheap for the income they pay; near the low end, relatively expensive. It's the picture behind Dividend Yield Theory. Learn more → (5-year)
Payment calendar
Dividend history
Per-share dividend by year
Debt & leverage
Latest reported balance-sheet figures.
Held by 3 investors
Appears in these lists
AMT qualifies for these curated dividend rankings.
New to dividend investing?
Information, not financial advice.
Quantic · Free
Track AMT and your whole portfolio
Real yield, dividend safety, net-of-tax income and your path to freedom — free, no broker connection.
Need more? Pro adds portfolios, options income tracking & more AI. See Pro →