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American Tower (American Tower) 5-Year Dividend Growth Rate

: 15.50% (As of Dec. 2023)
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American Tower's Dividends per Share for the three months ended in Dec. 2023 was $1.70.

During the past 12 months, American Tower's average Dividends Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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 12.50% per year. And the median was 20.30% per year.

American Tower's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.10. As of today, American Tower's Dividend Yield % is 3.64%.

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 1.37, which seems too high.

Good Sign:

American Tower Corp stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the REIT - Specialty subindustry, American Tower's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, American Tower's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where American Tower's 5-Year Dividend Growth Rate falls into.



American Tower 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


American Tower  (NYSE:AMT) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.7/ 1.544
=1.10

During the past 13 years, the highest Dividend Payout Ratio of American Tower was 1.37. The lowest was 0.70. And the median was 0.99.

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 1.37, which seems too high.

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

American Tower Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6202024-04-112024-04-122024-04-26Cash DividendquarterlyUSD:USD 1.000000
USD 1.7002023-12-272023-12-282024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.6202023-10-102023-10-112023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 1.5702023-06-152023-06-162023-07-10Cash 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.

American Tower's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.51/178.12
=3.65 %

Current Share Price is $178.12.
American Tower's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.51.

During the past 13 years, the highest Dividend Yield of American Tower was 3.95%. The lowest was 1.23%. And the median was 1.79%.

Good Sign:

American Tower Corp stock dividend yield is close to 10-year high.

* 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.


American Tower 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of American Tower's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


American Tower (American Tower) Business Description

Industry
Address
116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116
American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 U.S. 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 U.S., which accounted for roughly half of the company's total revenue in 2022. Outside the U.S., 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 an REIT.
Executives
Joann A Reed director C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVENUE, BOSTON MA 02116
Eugene M Noel officer: EVP & President, U.S. Tower 116 HUNTINGTON AVENUE, BOSTON MA 02116
Robert D Hormats director 85 BROAD STREET, NEW YORK NY 10004
Rodney M Smith officer: EVP, CFO & Treasurer 116 HUNTINGTON AVENUE, BOSTON MA 02116
Raymond P Dolan director 108 GOVERNOR DRIVE, BASKING RIDGE NJ 00924
Samme L Thompson director C/O TELIT ASSOCIATES, INC., 333 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Sanjay Goel officer: EVP & President, Asia-Pacific 116 HUNTINGTON AVENUE, BOSTON MA 02116
Ruth T Dowling officer: EVP, Chief Admin Ofr, GC & Sec 116 HUNTINGTON AVENUE, BOSTON MA 02116
Reeve Pamela D A director C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Meyer Robert Joseph Jr officer: SVP & Chief Accounting Officer 61 SCHOOL STREET, ARLINGTON MA 02476
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
Teresa Hillary Clarke director 2850 GOLF ROAD, ROLLING MEADOWS IL 60008
David E Sharbutt director 116 HUNTINGTON AVENUE, BOSTON MA 02116