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SBA Communications (SBA Communications) Dividend Yield %

: 1.81% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of SBA Communications is 1.81%.

Good Sign:

SBA Communications Corp stock dividend yield is close to 5-year high.

The historical rank and industry rank for SBA Communications's Dividend Yield % or its related term are showing as below:

SBAC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.15   Med: 0.7   Max: 1.81
Current: 1.81

During the past 13 years, the highest Dividend Yield of SBA Communications was 1.81%. The lowest was 0.15%. And the median was 0.70%.

SBAC's Dividend Yield % is ranked worse than
95.7% of 837 companies
in the REITs industry
Industry Median: 7.14 vs SBAC: 1.81

SBA Communications's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53.

During the past 13 years, the highest Dividend Payout Ratio of SBA Communications was 2.66. The lowest was 0.46. And the median was 0.59.

As of today (2024-04-19), the Forward Dividend Yield % of SBA Communications is 2.02%.

SBA Communications's Dividends per Share for the three months ended in Dec. 2023 was $0.85.

During the past 12 months, SBA Communications's average Dividends Per Share Growth Rate was 19.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SBA Communications was 56.60% per year. The lowest was 22.30% per year. And the median was 39.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


SBA Communications Dividend Yield % Historical Data

The historical data trend for SBA Communications's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SBA Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.66 0.60 1.00 1.34

SBA Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.14 1.35 1.63 1.34

Competitive Comparison

For the REIT - Specialty subindustry, SBA Communications's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SBA Communications Dividend Yield % Distribution

For the REITs industry and Real Estate sector, SBA Communications's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where SBA Communications's Dividend Yield % falls into.



SBA Communications Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

SBA Communications Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9802024-03-132024-03-142024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.8502023-11-152023-11-162023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.8502023-08-232023-08-242023-09-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.8502023-05-252023-05-262023-06-21Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

SBA Communications's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.53/196.06
=1.80 %

Current Share Price is $196.06.
SBA Communications's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.53.

SBA Communications's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.92/196.06
=2.00 %

Current Share Price is $196.06.
SBA Communications's Dividends per Share for the forward twelve months is calculated as $0.98 * 4 = $3.92.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SBA Communications  (NAS:SBAC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


SBA Communications Dividend Yield % Related Terms

Thank you for viewing the detailed overview of SBA Communications's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


SBA Communications (SBA Communications) Business Description

Traded in Other Exchanges
Address
8051 Congress Avenue, Boca Raton, FL, USA, 33487
SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company owns more than 17,000 towers in the U.S., which accounted for about three fourths of the company's total revenue in 2022. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust, or REIT.
Executives
Jason V Silberstein officer: Vice President-Property Mgt
Brian D Lazarus officer: VP & Chief Accounting Officer 5900 BROKEN SOUND PARKWAY, NW, BOCA RATON FL 33487
Steven E Bernstein director, 10 percent owner, officer: Chairman C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Mark R Ciarfella officer: SVP ?? Operations C/O SBA COMMUNICATIONS CORPORATION, 5900 BROKEN SOUND PARKWAY NW, BOCA RATON FL 33487
Joshua Koenig officer: Executive VP/General Counsel C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Jeffrey Stoops director, officer: Chief Executive Officer & Pres SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD THIRD FLOOR, BOCA RATON FL 33486
Krouse George R Jr director C/O SBA COMMUNICATIONS CORPORATION, 5900 BROKEN SOUND PARKWAY, NW, BOCA RATON FL 33487
Kevin L Beebe director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Marc Montagner officer: EVP - Finance C/O ENDURANCE INT'L GROUP HOLDINGS, INC., 10 CORPORATE DRIVE, SUITE 300, BURLINGTON MA 01803
Laurie Bowen director C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Amy E Wilson director 2211 H.H. DOW WAY, MIDLAND MI 48674
Richard M Cane officer: EVP; Pres. - International C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Duncan Cocroft director 9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Jay Lecoryelle Johnson director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Kurt L Bagwell officer: Chief Operating Officer SBA COMMUNICATIONS CORP, 5900 BROKEN SOUND PKWY, BOCA RATON FL 33487