AMT (American Tower) Dividend Payout Ratio : 1.65 (As of Jun. 2024)

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What is American Tower Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. American Tower's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of American Tower Corp is 0.95, which seems too high.

The historical rank and industry rank for American Tower's Dividend Payout Ratio or its related term are showing as below:

AMT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.7 Med: 0.94 Max: 1.36
Current: 0.95

During the past 13 years, the highest Dividend Payout Ratio of American Tower was 1.36. The lowest was 0.70. And the median was 0.94.

AMT's Dividend Payout Ratio is ranked better than
58.27% of 635 companies
in the REITs industry
Industry Median: 1 vs AMT: 0.95

As of today (2024-10-08), the Dividend Yield % of American Tower is 2.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of American Tower was 3.75%. The lowest was 1.25%. And the median was 1.85%.

American Tower's Dividends per Share for the months ended in Jun. 2024 was $3.24.

During the past 12 months, American Tower's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of American Tower was 26.20% per year. The lowest was 1.60% per year. And the median was 20.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

American Tower Dividend Payout Ratio Historical Data

The historical data trend for American Tower's Dividend Payout Ratio 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.

American Tower Dividend Payout Ratio Chart

American Tower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.84

0.93

1.04

1.36

0.90

American Tower Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.26	-	1.05	0.87	1.65

Competitive Comparison of American Tower's Dividend Payout Ratio

For the REIT - Specialty subindustry, American Tower's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

American Tower's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Tower's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where American Tower's Dividend Payout Ratio falls into.

American Tower Dividend Payout Ratio Calculation

American Tower's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	4.75	/	5.264
	=	0.90

American Tower's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	3.24	/	1.961
	=	1.65

American Tower (NYSE:AMT) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

American Tower Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of American Tower's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

American Tower Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Tower Corp (NYSE:AMT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

AMT:Mexico 1AMT:Italy 0HEU:UK A0T:Germany A0T:Germany T1OW34:Brazil AMTG:Austria

Address

116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116

Website

https://www.americantower.com

American Tower owns and operates more than 220,000 cell towers throughout the us, Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 us markets after acquiring CoreSite. On its towers, 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 operates more than 40,000 towers in the us, which accounted for almost half of the company's total revenue in 2023. Outside the us, American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as a REIT.

Executives

Sanjay Goel	officer: EVP & President, Asia-Pacific	116 HUNTINGTON AVENUE, BOSTON MA 02116
Eugene M Noel	officer: EVP & President, U.S. Tower	116 HUNTINGTON AVENUE, BOSTON MA 02116
Olivier Puech	officer: EVP & President, LatAm & EMEA	116 HUNTINGTON AVENUE, BOSTON MA 02116
Steven O Vondran	officer: EVP & President, U.S. Tower	116 HUNTINGTON AVENUE, BOSTON MA 02116
Meyer Robert Joseph Jr	officer: SVP & Chief Accounting Officer	61 SCHOOL STREET, ARLINGTON MA 02476
Robert D Hormats	director	85 BROAD STREET, NEW YORK NY 10004
Rodney M Smith	officer: EVP, CFO & Treasurer	116 HUNTINGTON AVENUE, BOSTON MA 02116
Reeve Pamela D A	director	C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Samme L Thompson	director	C/O TELIT ASSOCIATES, INC., 333 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Joann A Reed	director	C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVENUE, BOSTON MA 02116
Raymond P Dolan	director	108 GOVERNOR DRIVE, BASKING RIDGE NJ 00924
Ruth T Dowling	officer: EVP, Chief Admin Ofr, GC & Sec	116 HUNTINGTON AVENUE, BOSTON MA 02116
Edmund Disanto	officer: EVP, Chief Admin Ofr, GC & Sec	C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVENUE, 11TH FLOOR, BOSTON MA 02116
Bruce L Tanner	director	214 N TRYON STREET, CHARLOTTE NC 28202
Kelly C Chambliss	director	C/O CORESITE REALTY CORPORATION, 1001 17TH STREET, SUITE 500, DENVER CO 80202