SBA Communications Corp

SBA Communications Corp - Class A Shares SBAC

Dividend Summary

The next SBA Communications Corp - Class A Shares dividend is expected to go ex in 1 month and to be paid in 2 months.
The previous SBA Communications Corp - Class A Shares dividend was 98c and it went ex 1 month ago and it was paid 21 days ago.
There are typically 4 dividends per year (excluding specials).

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 98c Sign Up Required
Declaration date 26 Feb 2024 (Mon) 29 Apr 2024 (Mon)
Ex-div date 13 Mar 2024 (Wed) 23 May 2024 (Thu)
Pay date 28 Mar 2024 (Thu) 20 Jun 2024 (Thu)

Enter the number of SBA Communications Corp - Class A Shares shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
78%
Our premium tools have predicted SBA Communications Corp - Class A Shares with 78% accuracy.
Dividend Yield Today
2.1%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for SBA Communications Corp - Class A Shares
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 19 Feb 2029 08 Mar 2029 22 Mar 2029 USD Sign up
Forecast Quarterly 26 Oct 2028 16 Nov 2028 14 Dec 2028 USD Sign up
Forecast Quarterly 31 Jul 2028 17 Aug 2028 13 Sep 2028 USD Sign up
Forecast Quarterly 24 Apr 2028 19 May 2028 19 Jun 2028 USD Sign up
Forecast Quarterly 21 Feb 2028 09 Mar 2028 23 Mar 2028 USD Sign up
Forecast Quarterly 28 Oct 2027 18 Nov 2027 16 Dec 2027 USD Sign up
Forecast Quarterly 02 Aug 2027 19 Aug 2027 15 Sep 2027 USD Sign up
Forecast Quarterly 26 Apr 2027 21 May 2027 21 Jun 2027 USD Sign up
Forecast Quarterly 22 Feb 2027 11 Mar 2027 25 Mar 2027 USD Sign up
Forecast Quarterly 29 Oct 2026 19 Nov 2026 17 Dec 2026 USD Sign up
Forecast Quarterly 03 Aug 2026 20 Aug 2026 16 Sep 2026 USD Sign up
Forecast Quarterly 27 Apr 2026 22 May 2026 22 Jun 2026 USD Sign up
Forecast Quarterly 23 Feb 2026 12 Mar 2026 26 Mar 2026 USD Sign up
Forecast Quarterly 30 Oct 2025 20 Nov 2025 18 Dec 2025 USD Sign up
Forecast Quarterly 28 Jul 2025 21 Aug 2025 17 Sep 2025 USD Sign up
Forecast Quarterly 28 Apr 2025 23 May 2025 20 Jun 2025 USD Sign up
Forecast Quarterly 24 Feb 2025 13 Mar 2025 27 Mar 2025 USD Sign up
Forecast Quarterly 31 Oct 2024 21 Nov 2024 19 Dec 2024 USD Sign up
Forecast Quarterly 29 Jul 2024 22 Aug 2024 18 Sep 2024 USD Sign up
Forecast Quarterly 29 Apr 2024 23 May 2024 20 Jun 2024 USD Sign up
Paid Quarterly 26 Feb 2024 13 Mar 2024 28 Mar 2024 USD 102c 98c 😃
Paid Quarterly 02 Nov 2023 15 Nov 2023 14 Dec 2023 USD 85c 85c 😄
Paid Quarterly 31 Jul 2023 23 Aug 2023 20 Sep 2023 USD 85c 85c 😄
Paid Quarterly 01 May 2023 25 May 2023 21 Jun 2023 USD 85c 85c 😄
Paid Quarterly 21 Feb 2023 09 Mar 2023 24 Mar 2023 USD 64c 85c 😒
Paid Quarterly 31 Oct 2022 16 Nov 2022 15 Dec 2022 USD 71c 71c 😄
Paid Quarterly 01 Aug 2022 24 Aug 2022 20 Sep 2022 USD 71c 71c 😄
Paid Quarterly 25 Apr 2022 18 May 2022 14 Jun 2022 USD 71c 71c 😄
Paid Quarterly 28 Feb 2022 09 Mar 2022 25 Mar 2022 USD 55c 71c 😒
Paid Quarterly 01 Nov 2021 17 Nov 2021 16 Dec 2021 USD 55c 58c 😊
Paid Quarterly 02 Aug 2021 25 Aug 2021 23 Sep 2021 USD 50c 58c 😏
Paid Quarterly 26 Apr 2021 19 May 2021 15 Jun 2021 USD 50c 58c 😏
Paid Quarterly 22 Feb 2021 09 Mar 2021 26 Mar 2021 USD 50c 58c 😏
Paid Quarterly 02 Nov 2020 18 Nov 2020 17 Dec 2020 USD 50c 46.5c 😊
Paid Quarterly 03 Aug 2020 24 Aug 2020 22 Sep 2020 USD 46.5c 46.5c 😄
Paid Quarterly 05 May 2020 27 May 2020 18 Jun 2020 USD 46.5c 46.5c 😄
Paid Quarterly 19 Feb 2020 09 Mar 2020 26 Mar 2020 USD 37c 46.5c 😌
Paid Quarterly 25 Oct 2019 20 Nov 2019 19 Dec 2019 USD 37c 37c 😄
Paid Quarterly 29 Jul 2019 27 Aug 2019 25 Sep 2019 USD 37c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 0.0c
0%
2013 0.0c
0%
2014 0.0c
0%
2015 0.0c
0%
2016 0.0c
0%
2017 0.0c
0%
2018 0.0c
0%
2019 120.5c
100%
2020 197.5c
63.9%
2021 245.0c
24.1%
2022 298.0c
21.6%
2023 353.0c
18.5%
2024 Sign Up Required
2025 Sign Up Required
2026 Sign Up Required
2027 Sign Up Required
2028 Sign Up Required

SBA Communications Corp Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
2.1%
Optimized Yield
Sign Up Required
52 Week High
3.0% on 27 February 2024
52 Week Low
1.5% on 24 May 2023
Next Ex-Div-Date Countdown
Sign Up Required

About SBA Communications Corp

SBA Communications Corporation, incorporated on December 23, 1996, is an independent owner and operator of wireless communications tower structures, rooftops and other structures that support antennas used for wireless communications. The Company's operating segments include site leasing and site development. The site leasing business includes segments, domestic site leasing and international site leasing. The Company's primary business line is its site leasing business. In its site leasing business, the Company leases antenna space to wireless service providers on towers that it owns or operates, and manages rooftop and tower sites for property owners under various contractual arrangements. The Company owns approximately 25,460 towers. The Company also manages or leases approximately 5,500 actual or potential towers. The Company's other business line is its site development business, through which it assists wireless service providers in developing and maintaining their own wireless service networks. The Company's principal operations are in the United States and its territories. In addition, it owns and operates towers in Canada, Central America and South America.

Site Leasing Services

The primary focus of the Company is the leasing of antenna space on its multi-tenant towers to a range of wireless service providers under long-term lease contracts in the United States, Canada, Central America and South America. The Company has over 15,780 sites in the United States. In the United States, wireless service providers enter into tenant leases with the Company, each of which relates to the lease or use of space at an individual tower. Its tenant leases in the United States are generally for an initial term of 5 to 10 years. The Company owns approximately 9,690 towers in its international markets, including Brazil, Canada, Costa Rica, Ecuador, El Salvador, Guatemala, Nicaragua and Panama. The Company expands its tower portfolio, both domestically and internationally, through the acquisition of towers from third parties and the construction of new tower structures. The Company focuses on growing its international site leasing business through the acquisition and development of towers.

Site Development Services

The site development business, which is conducted only in the United States, keeps in close contact with the wireless service providers that provide site leasing services for the Company, such as antenna and equipment installation. The Company's site development services include network pre-design; site audits; identification of potential locations for towers and antennas; obtaining zoning approvals and permits; tower and related site construction; antenna installation, and radio equipment installation, commissioning, and maintenance. The Company provides site development services on a local basis, through regional, territory and project offices. The regional offices are responsible for the Company's site development operations, including hiring employees and opening or closing project offices, and a portion of the sales in such area.

The Company competes with American Tower Corporation and Crown Castle International.

Sector
Technology Hardware & Equipment
Country
United States
Share Price
$196.22 (yesterday's closing price)
Shares in Issue
108 million
Market Cap
$21.2bn
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
5
Market Indices
S&P 500
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