AMT vs ARE: Which Is the Better Dividend Stock?
As of September 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. ARE offers the higher yield at 5.40%, AMT has the higher dividend-safety score, and AMT trades at the larger discount to fair value (-8%).
| Metric | AMT | ARE |
|---|---|---|
| Forward yield | 4.01% | 5.40% |
| Annual dividend | $6.98 | $2.88 |
| Payout ratio | 96% | 689% |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | 2.0% |
| 5-yr total return | -38% | -74% |
| Dividend safety score | 72 (B) | 72 (B) |
| Fair value estimate | $159.72 | $42.02 |
| Upside to fair value | -8% | -21% |
| Frequency | quarterly | quarterly |
| Market cap | $81.4B | $9.2B |
| P/E ratio | 24.0 | — |
Higher yield
ARE
5.40%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
AMT
-8% upside
AMT vs ARE — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.