SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.
SBA Communications Dividend Announcement
• SBA Communications announced a quarterly dividend of $0.98 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-14
• SBA Communications annual dividend for 2024 was $3.92
• SBA Communications annual dividend for 2023 was $3.40
• SBA Communications's trailing twelve-month (TTM) dividend yield is 1.76%
• SBA Communications's payout ratio for the trailing twelve months (TTM) is 59.90%
SBA Communications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.98 | quarterly | 2024-12-12 |
2024-08-22 | $0.98 | quarterly | 2024-09-18 |
2024-05-22 | $0.98 | quarterly | 2024-06-19 |
2024-03-13 | $0.98 | quarterly | 2024-03-28 |
2023-11-15 | $0.85 | quarterly | 2023-12-14 |
2023-08-23 | $0.85 | quarterly | 2023-09-20 |
2023-05-25 | $0.85 | quarterly | 2023-06-21 |
2023-03-09 | $0.85 | quarterly | 2023-03-24 |
2022-11-16 | $0.71 | quarterly | 2022-12-15 |
2022-08-24 | $0.71 | quarterly | 2022-09-20 |
2022-05-18 | $0.71 | quarterly | 2022-06-14 |
2022-03-09 | $0.71 | quarterly | 2022-03-25 |
2021-11-17 | $0.58 | quarterly | 2021-12-16 |
2021-08-25 | $0.58 | quarterly | 2021-09-23 |
2021-05-19 | $0.58 | quarterly | 2021-06-15 |
2021-03-09 | $0.58 | quarterly | 2021-03-26 |
2020-11-18 | $0.47 | quarterly | 2020-12-17 |
2020-08-24 | $0.47 | quarterly | 2020-09-22 |
2020-05-27 | $0.47 | quarterly | 2020-06-18 |
2020-03-09 | $0.47 | quarterly | 2020-03-26 |
2019-11-20 | $0.37 | quarterly | 2019-12-19 |
2019-08-27 | $0.37 | quarterly | 2019-09-25 |
SBA Communications Dividend per year
SBA Communications Dividend growth
SBA Communications Dividend Yield
SBA Communications current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing SBA Communications stock? Use our calculator to estimate your expected dividend yield:
SBA Communications Financial Ratios
SBA Communications Dividend FAQ
Other factors to consider when evaluating SBA Communications as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SBA Communications's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SBA Communications publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SBA Communications distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SBA Communications are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SBA Communications sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SBA Communications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SBA Communications declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SBA Communications's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SBA Communications's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.