SBA Communications Corporation
SBACReal Estate · Stock · quarterly payer
$207.85
Add to PortfolioForward Yield
2.41%
Annual Dividend
$5.00
Payout Ratio
48%
5-Yr Growth
19.0%
Ex-Date
May 22, 2026
Frequency
Quarterly
SBAC Dividend Safety Score
69/ 100
Grade B
Safe
Dividend-growth streak5 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage48% of earnings paid out
Yield vs its historyYield is 1.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is SBAC a good dividend stock?
Yes, with caveatsSBA Communications Corporation (SBAC) pays a quarterly dividend yielding 2.41% ($5.00/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (48%)
- Strong 19.0% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.41%
- Payout Ratio
- 48%
- Annual Dividend
- $5.00
- 5-Yr Avg Growth
- 19.0%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 0.98
- Market Cap
- $22.0B
- P/E Ratio
- 21.9
- 5-Yr Total Return
- -34%
- 52-Week Range
- $162.41 – $243.16
- Dividend Safety
- B · 69/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $1.2500 | regular |
| Mar 13, 2026 | — | $1.2500 | regular |
| Nov 13, 2025 | — | $1.1100 | regular |
| Aug 21, 2025 | — | $1.1100 | regular |
| May 22, 2025 | — | $1.1100 | regular |
| Mar 13, 2025 | — | $1.1100 | regular |
| Nov 14, 2024 | — | $0.9800 | regular |
| Aug 22, 2024 | — | $0.9800 | regular |
| May 22, 2024 | — | $0.9800 | regular |
| Mar 13, 2024 | — | $0.9800 | regular |
| Nov 15, 2023 | — | $0.8500 | regular |
| Aug 23, 2023 | — | $0.8500 | regular |
| May 25, 2023 | — | $0.8500 | regular |
| Mar 9, 2023 | — | $0.8500 | regular |
Income Calculator
At $5.00 / yr per share
Per payment (quarterly)$125.00
Annual$500.00
Monthly avg$41.67
