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SBA Communications Corporation Dividends

SBAC Stock Analysis

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Section title

Dividend Yield
1.77%
Payout Ratio
59.59%
Dividend Amount Per Share
$3.79
Last Ex-Dividend Date
Nov 14, 2024

SBAC Dividend Safety

SBAC paid out 59.59% of its $502M earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

SBAC's Dividend Payout Ratio of 59.591% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

SBAC's Interest Coverage Ratio of 2.885 indicates strong financial health with easy coverage of interest expenses.

Income Quality

SBAC shows excellent income quality with a ratio of 3.078. This indicates high-quality earnings and low risk of dividend cuts.

SBAC Dividend Growth

SBA Communications Corporation(SBAC) offers a dividend yield of 1.77% and pays $3.79 in dividends per share. Explore the historical dividend growth of SBAC.

Dividend Stability

SBAC has maintained stable dividend payments over the past 6 years with no cuts over 5%.

Dividend Growth

SBAC's dividend payments have increased by 16.079% annually over the last 5 years.

Earnings Growth

SBAC's earnings have grown by 27.835% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

SBAC Dividend Yield Attractiveness

SBA Communications Corporation(SBAC) provides a dividend yield of 1.77%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

SBAC

Peers

Industry

Sector

1.77%

3.76%

5.68%

6.59%

Dividend Yield

SBAC's dividend yield of 1.77% is considered good compared to the sector average of 6.587%, providing a strong safety margin for investors.

SBAC Cash Flow

Over the past 12 months, SBAC generated $3B in revenue, produced $1B in free cash flow, and distributed $411M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

SBAC's free cash flow has grown by 7.232% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

SBAC Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by SBA Communications Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.