Sba Communications Corp (SBAC) Dividend Analysis
Does Sba Communications (SBAC) pay a dividend?
Yes. Sba Communications (SBAC) pays a dividend: $4.74 per share over the last twelve months, a dividend yield of 2.75% at the latest close.
It has raised its dividend per share for at least 6 years in a row (every year of the history we hold), growing at 19.5% a year over the last 5 years.
Computed from SEC filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2025 | $4.45 | +13.5% |
| 2024 | $3.92 | +15.5% |
| 2023 | $3.40 | +21.1% |
| 2022 | $2.80 | +23.0% |
| 2021 | $2.28 | +24.6% |
| 2020 | $1.83 | +151.8% |
| 2019 | $0.73 |
All 7 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
Dividend appears well-covered by both earnings and free cash flow, consistent growth at a healthy rate.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (83) × 0.40 + Growth (85) × 0.35 + Income (70) × 0.25 = 80
Dividend Yield
2.75%
Per Share (TTM)
$4.74
Payout Ratio
51.0%
5Y CAGR
19.5%
Dividend Safety
Earnings Payout
51.0%
FCF Payout
48.1%
FCF Coverage
2.1x
Dividend Growth
Per Share (TTM)
$4.74
Growth Streak
6+ years
5Y CAGR
19.5%
Dividend Income
Annual DPS (TTM)
$4.74
Annual Income / $10K
$275
Payment frequency, ex-dividend and payment dates are not available from SEC filings. Check your broker or the company's investor relations page for the schedule.
Yield History
Sba Communications (SBAC) dividend: yield, safety and growth
Frequently asked
Does Sba Communications (SBAC) pay a dividend, and how much?+
Yes, Sba Communications pays a regular dividend of about $4.74 per share per year (a yield of roughly 2.7%). A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is Sba Communications's dividend safe?+
Sba Communications's dividend looks comfortably covered by free cash flow, with free cash flow covering the payout about 2.1 times over. Intrinsiqq scores its dividend safety at 83 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has Sba Communications grown its dividend?+
Sba Communications has raised its dividend for at least 6 years in a row, the full span of the dividend history we hold. Over the past five years the dividend has grown at roughly 19.5% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
SourceDividend analysis computed from the 10-Q filed 28 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 3 Oct 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
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Spot a number that looks wrong? Check it in SBAC's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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