American Tower As of September 23, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
AMT $5.88 5.8% 14.9% 19.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Communications REIT 2.6% N/A N/A Quarter N/A
AMT logo | image credit: company press release
AMT logo | image credit: company press release

On September 22, 2022, American Tower Corporation (AMT) announced a 2.8% dividend hike to $1.47 quarterly per share. This is the third dividend increase in 2022 for a total hike of 5.8%. American Tower Corporation announced that its board of directors has declared its quarterly cash distribution of $1.47 per share on shares of the Company’s common stock. The distribution is payable on October 26, 2022 to the stockholders of record at the close of business on October 11, 2022. On May 19, a 2.1% dividend hike was announced by AMT.

American Tower (AMT) Dividend history & statistics
Company name American Tower Corp
Ticker symbol AMT
ISIN-code US03027X1000
company website https://www.americantower.com/
Sector Real Estate
Business Communications REIT
Dividend paid since 2012
Track record (years increased) 10
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 16.0%
Next dividend per share $1.47
Annual dividend per share $5.88
Dividend yield* 2.5%
Stock price* $228.96
YTD Total Return* -19.5%
Next ex-dividend date October 10, 2022
Next payment date October 26, 2022
Market cap (in $B)* 106.60
Total dividend (in $B) 2.74
© www.dividendhike.com *As of September 22, 2022

American Tower Corporation has now raised the dividend for 10 consecutive years. The average 5 year dividend growth rate is 16 percent annually. The company now pays an estimated $2.68 billion in dividends to shareholders annually. The dividend yield for AMT is 2.5% at a stock price of $230.

American Tower Corporation is one of the largest global Real Estate Investment Trusts (REITs) and a 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 number of other industries. In addition, AMT offers tower-related services in the United States. The company's communications real estate portfolio includes over sites in the United States, Asia, Europe, Middle East and Africa (EMEA) and Latin America. American Tower Corporation was originally created as a subsidiary of American Radio Systems Corporation in 1995 and was spun off into a free-standing public company in 1998.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 30 PKG 4.4% 0.0%
Sep 30 O 4.8% 0.6%
Sep 30 STT 4.0% 10.5%
Sep 30 RJF 1.3% 0.0%
Sep 30 CAH 3.0% 1.0%
Sep 30 VTR 4.1% 0.0%
Sep 30 APD 2.8% 8.0%
Sep 30 RSG 1.3% 0.0%
Oct 03 A 0.7% 0.0%
Oct 03 DG 0.9% 31.0%