SBAC Dividend History & Analysis | 2.3% Yield

SBAC has a dividend yield of 2.3% and paid 4.72 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.34%
Payout Ratio 51.2%
Growth Rate CAGR 5y 16%
Consistency Lifetime 100%
Yield on Cost 5y 1.5%
Payout FCF 48.3%
Streak Years 5
Dividend Rating 71.6%
Chowder Number yield + growth 18.4% meets 15% target for healthy growth
Yield vs Average 5y +67.1% avg 1.4% vs now 2.34%
Debt / EBITDA leverage 8.3x elevated
Income per 10k invested 234 USD per year
Dividends Cash Amount per Share Yearly SBAC annual dividends paid per share, showing the total cash SBA Communications distributed to shareholders each year.
Dividend Growth Year over Year SBAC year-over-year dividend growth rate, showing how SBA Communications's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History SBAC dividend yield history versus share price over the past 5 years, showing how SBA Communications's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Specialized REITs

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MRP NYSE
Millrose Properties		 4,943 M 10.26% 15.78%
EPR NYSE
EPR Properties		 4,578 M 6.63% 9.70%
GLPI NASDAQ
Gaming & Leisure Properties		 12,448 M 6.85% 9.22%
VICI NYSE
VICI Properties		 28,551 M 6.31% 7.41%
NSA NYSE
National Storage Affiliates		 6,578 M 6.85% 5.62%
FCPT NYSE
Four Corners Property Trust		 2,756 M 6.07% 6.53%
LAMR NASDAQ
Lamar Advertising		 15,988 M 4.91% 7.74%
CUBE NYSE
CubeSmart		 9,157 M 5.61% 5.41%
OUT NYSE
Outfront Media		 5,785 M 4.94% 6.59%
IRM NYSE
Iron Mountain		 34,858 M 3.33% 9.31%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MRP NYSE
Millrose Properties		 4,943 M 54.95% 100.0%
EQIX NASDAQ
Equinix		 100,886 M 14.72% 100.0%
PSA NYSE
Public Storage		 56,071 M 11.98% 82.8%
IRM NYSE
Iron Mountain		 34,858 M 8.81% 98.6%
LAMR NASDAQ
Lamar Advertising		 15,988 M 8.32% 99.2%
VICI NYSE
VICI Properties		 28,551 M 5.63% 100.0%
CUBE NYSE
CubeSmart		 9,157 M 5.65% 96.2%
EPR NYSE
EPR Properties		 4,578 M 3.01% 100.0%
FCPT NYSE
Four Corners Property Trust		 2,756 M 2.31% 100.0%
GLPI NASDAQ
Gaming & Leisure Properties		 12,448 M 6.11% 98.6%

SBAC Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb - -
Mar 0.44% 100
Apr - -
May 0.44% 100
Jun - -
Jul - -
Aug 0.34% 100
Sep - -
Oct - -
Nov 0.36% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-22 2026-05-22 2026-06-17 Quarterly 1.25 0% 0.61%
2026-03-13 2026-03-13 2026-03-27 Quarterly 1.25 +12.6% 0.67%
2025-11-13 2025-11-13 2025-12-11 Quarterly 1.11 0% 0.55%
2025-08-21 2025-08-21 2025-09-18 Quarterly 1.11 0% 0.51%
2025-05-22 2025-05-22 2025-06-17 Quarterly 1.11 0% 0.48%
2025-03-13 2025-03-13 2025-03-27 Quarterly 1.11 +13.3% 0.51%
2024-11-14 2024-11-14 2024-12-12 Quarterly 0.98 0% 0.46%
2024-08-22 2024-08-22 2024-09-18 Quarterly 0.98 0% 0.45%
2024-05-22 2024-05-23 2024-06-19 Quarterly 0.98 0% 0.5%
2024-03-13 2024-03-14 2024-03-28 Quarterly 0.98 +15.3% 0.44%
2023-11-15 2023-11-16 2023-12-14 Quarterly 0.85 0% 0.37%
2023-08-23 2023-08-24 2023-09-20 Quarterly 0.85 0% 0.39%
2023-05-25 2023-05-26 2023-06-21 Quarterly 0.85 0% 0.38%
2023-03-09 2023-03-10 2023-03-24 Quarterly 0.85 +19.7% 0.34%
2022-11-16 2022-11-17 2022-12-15 Quarterly 0.71 0% 0.24%
2022-08-24 2022-08-25 2022-09-20 Quarterly 0.71 0% 0.21%
2022-05-18 2022-05-19 2022-06-14 Quarterly 0.71 0% 0.22%
2022-03-09 2022-03-10 2022-03-25 Quarterly 0.71 +22.4% 0.22%
2021-11-17 2021-11-18 2021-12-16 Quarterly 0.58 0% 0.17%
2021-08-25 2021-08-26 2021-09-23 Quarterly 0.58 0% 0.16%

SBAC Dividend FAQ

What is the Dividend Yield of SBAC?

As of July 2026, SBAC's dividend yield is 2.34%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.72 USD by the current share price of 190.03.

Does SBAC pay a dividend?

As of July 2026, SBAC paid a dividend of 4.72 USD in the last 12 months. The last dividend was paid on 2026-05-22 and the payout was 1.25 USD.

How often does SBAC pay dividends?

SBAC pays dividends quarterly. Over the last 12 months, SBAC has issued 4 dividend payments. The last dividend payment was made on 2026-05-22.

SBAC dividend forecast

Based on historical data, the forecasted dividends per share for SBAC for the next payments are between 1.232 (-1.4%) and 1.379 (+10.3%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.71%.

Will SBAC pay dividends in 2026?

The latest dividend paid per share was 1.25 USD with an Ex-Dividend Date of 2026-05-22. The next Ex-Dividend date for SBA Communications (SBAC) is currently unknown.

What is the next Ex-Dividend Date for SBAC?

The next Ex-Dividend date for SBA Communications (SBAC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SBAC?

SBAC's average dividend growth rate over the past 5 years is 16.0% per year. Strong growth: SBAC's dividend growth is outpacing inflation.

What is the Yield on Cost of SBAC?

SBAC's 5-Year Yield on Cost is 1.54%. If you bought SBAC's shares at 305.61 USD five years ago, your current annual dividend income (4.72 USD per share, trailing 12 months) equals 1.54% of your original purchase price.

What is the Payout Consistency of SBAC?

SBAC Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: SBA Communications has a strong track record of consistent dividend payments over its lifetime.

Does SBAC have a good Dividend Yield?

SBAC's 2.34% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of SBAC?

The Dividend Payout Ratio of SBAC is 51.2%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of SBAC?

SBAC's Overall Dividend Rating is 71.57%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SBAC Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in SBAC's Outstanding Shares?

SBA Communications's outstanding shares have decreased by approximately 1.02% annually over the past 3 years (Trend Reliability: -55.6%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has SBAC ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1998 8,400,000 0%
1999 35,382,300 +321.22%
2000 46,801,000 +32.27%
2001 49,010,000 +4.72%
2002 51,130,000 +4.33%
2003 55,684,000 +8.91%
2004 65,260,000 +17.2%
2005 85,694,000 +31.31%
2006 105,666,000 +23.31%
2007 108,469,000 +2.65%
2008 117,984,000 +8.77%
2009 117,118,000 -0.73%
2010 114,416,000 -2.31%
2011 111,431,000 -2.61%
2012 126,598,000 +13.61%
2013 128,406,000 +1.43%
2014 129,113,000 +0.55%
2015 126,964,000 -1.66%
2016 123,307,000 -2.88%
2017 118,931,000 -3.55%
2018 115,010,000 -3.3%
2019 114,306,000 -0.61%
2020 112,538,000 -1.55%
2021 110,727,000 -1.61%
2022 109,298,000 -1.29%
2023 108,581,000 -0.66%
2024 108,105,000 -0.44%
2025 106,651,000 -1.34%
2026 106,111,000 -0.51%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-05 02:06 UTC