SBA Communications (MEX:SBAC) Dividend Payout Ratio : 0.54 (As of Dec. 2024)

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What is SBA Communications 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. SBA Communications's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.54.

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

MEX:SBAC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.57 Max: 2.66
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of SBA Communications was 2.66. The lowest was 0.46. And the median was 0.57.

MEX:SBAC's Dividend Payout Ratio is ranked better than
88.39% of 689 companies
in the REITs industry
Industry Median: 1 vs MEX:SBAC: 0.49

As of today (2025-03-30), the Dividend Yield % of SBA Communications is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SBA Communications was 2.03%. The lowest was 0.15%. And the median was 0.77%.

SBA Communications's Dividends per Share for the months ended in Dec. 2024 was MXN20.44.

During the past 12 months, SBA Communications's average Dividends Per Share Growth Rate was 15.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 34.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SBA Communications was 56.60% per year. The lowest was 19.10% per year. And the median was 22.30% 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.

SBA Communications Dividend Payout Ratio Historical Data

The historical data trend for SBA Communications'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.

SBA Communications Dividend Payout Ratio Chart

SBA Communications Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dividend Payout Ratio

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1.33

0.78

0.59

0.55

0.48

SBA Communications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.53	0.52	0.55	0.39	0.54

Competitive Comparison of SBA Communications's Dividend Payout Ratio

For the REIT - Specialty subindustry, SBA Communications'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.

SBA Communications's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where SBA Communications's Dividend Payout Ratio falls into.

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SBA Communications Dividend Payout Ratio Calculation

SBA Communications's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2024 )	/	EPS without NRI (A: Dec. 2024 )
	=	81.754	/	170.88
	=	0.48

SBA Communications's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	20.439	/	37.857
	=	0.54

SBA Communications (MEX:SBAC) 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.

SBA Communications Dividend Payout Ratio Related Terms

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

SBA Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SBA Communications Corp (MEX:SBAC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SBAC:USA 0KYZ:UK 4SB:Germany

Address

8051 Congress Avenue, Boca Raton, FL, USA, 33487

Website

https://www.sbasite.com

SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. It owns more than 17,000 towers in the US, which accounted for about 70% of the company's total revenue in 2023. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust.