Trailing Dividend / Share
$6.73
American Tower Corporation (AMT) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.8%
Payout Ratio
1.2%
Sustainable
Dividend Streak
14 years
AMT Dividend Income Check
Safety
1.2% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 3.1% and trend is rising.
AMT Dividend Scorecard
Yield & Income
Dividend Yield3.8%
Trailing DPS$6.73
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout1.2%
Earnings SafetySustainable
FCF Payout83.1%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak14 years
3Y CAGR5.1%
5Y CAGR8.5%
Yield on Cost (5Y)3.1%
YOC Trendrising
Total Returns
Buyback Yield0.4%
Total Shareholder Yield4.2%
1Y Total Return-17.4%
5Y Total Return-15.7%
Div Contribution (5Y)12.6%
Estimated $10K growth (return + dividends):
5Y ago$8,42610Y ago$21,30120Y ago$65,777
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AMT Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
AMT Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
American Tower Corporation distributes 1.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 83.1%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
AMT has raised its dividend for 14 consecutive years, with a 3-year CAGR of 5.1% and 5-year CAGR of 8.5%.
Total Shareholder Returns
Beyond cash dividends, AMT returns capital through share repurchases. The combined picture: 3.8% dividend yield, 0.4% buyback yield, 4.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.1% and is currently rising. The 5-year total return is -15.7%, with dividends contributing 12.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $21,301 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
AMT Recent Dividend Payments
Last 20 payments · Annual
TTM Total$31.35
Avg/Payment$1.5675
Latest Change+5.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 14, 2026Latest | $1.7900 | ↑ +5.3% | 3.91% | Apr 28, 2026 |
| Dec 29, 2025 | $1.7000 | — | 3.87% | Feb 2, 2026 |
| Sep 30, 2025 | $1.7000 | — | 3.49% | Oct 20, 2025 |
| Jun 13, 2025 | $1.7000 | — | 3.09% | Jul 11, 2025 |
| Apr 11, 2025 | $1.7000 | ↑ +4.9% | 3.08% | Apr 28, 2025 |
| Dec 27, 2024 | $1.6200 | — | 3.56% | Feb 3, 2025 |
| Oct 9, 2024 | $1.6200 | — | 2.97% | Oct 25, 2024 |
| Jun 14, 2024 | $1.6200 | — | 3.33% | Jul 12, 2024 |
AMT Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
3.8%
#4 of 8
Safety
Sustainable
1.2% payout
Streak
14Y
8.5% 5Y CAGR
Total Shareholder
4.2%
#5 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| AMTAmerican Tower Corpo… | $83.0B | 3.8% | 1.2% | 14 | Sustainable |
2nd  CCICrown Castle Inc. | $38.9B | 5.3% | 4.7% | 0 | Sustainable |
 SBACSBA Communications C… | $23.1B | 2.0% | 45.5% | 7 | Sustainable |
 IRMIron Mountain Incorp… | $39.2B | 2.3% | 6.4% | 4 | Sustainable |
 LUMNLumen Technologies, … | $9.5B | 0.0% | — | 0 | Unknown |
 TMUST-Mobile US, Inc. | $210.3B | 1.9% | 37.5% | 3 | Sustainable |
1st  VZVerizon Communicatio… | $199.7B | 5.7% | 66.9% | 11 | Watch |
3rd  TAT&T Inc. | $181.1B | 4.4% | 37.4% | 2 | Sustainable |
AMT Annual Dividend History (1997–2026)
30 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.79 | — | 1 | — | — | — | 0.8% |
| 2025 | $6.80 | 4.9% | 4 | $5.39 | 126.2% | 0.79x | 3.1% |
| 2024 | $6.48 | 0.5% | 4 | $4.82 | 134.4% | 0.74x | 3.0% |
| 2023 | $6.45 | 10.1% | 4 | $3.18 | 202.8% | 0.49x | 2.9% |
| 2022 | $5.86 | 12.5% | 4 | $3.82 | 153.4% | 0.65x | 2.7% |
| 2021 | $5.21 | 15.0% | 4 | $5.66 | 92.0% | 1.09x | 2.4% |
| 2020 | $4.53 | 19.8% | 4 | $3.79 | 119.5% | 0.84x | 2.1% |
| 2019 | $3.78 | 20.0% | 4 | $4.24 | 89.2% | 1.12x | 1.7% |
| 2018 | $3.15 | 20.2% | 4 | $2.79 | 112.9% | 0.89x | 1.4% |
| 2017 | $2.62 | 20.7% | 4 | $2.67 | 98.1% | 1.02x | 1.2% |
Full AMT Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See AMT's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare AMT vs WELL
Side-by-side business, growth, and profitability comparison vs Welltower Inc..
Start ComparisonAMT — Frequently Asked Questions
Quick answers to the most common questions about buying AMT stock.
How much dividend does AMT pay per share?
American Tower Corporation (AMT) pays a trailing 12-month dividend of $6.73 per share, with a current dividend yield of +3.8%. Payments are made Annual.
When is AMT's next ex-dividend date?
AMT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AMT typically pays dividends Annual.
Is AMT's dividend safe?
AMT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.2% and FCF payout ratio of +83.1%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is AMT a Dividend Achiever?
Yes, American Tower Corporation is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +8.5%, demonstrating above-inflation dividend growth.
How often does AMT pay dividends?
American Tower Corporation pays dividends Annual. The trailing 12-month total is $6.73 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in AMT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AMT five years ago would be worth approximately $8,426 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AMT's yield on cost for long-term holders?
AMT's yield on cost — the current dividend divided by the original purchase price — is +3.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.8% market yield, thanks to consistent dividend growth.