# SBA Communications Corporation (SBAC): Dividend & Fundamentals

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- Sector: Real Estate · Industry: REIT - Specialty
- Exchange: NASDAQ · Trading currency: USD

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, pl...

## Quote & Key Metrics

As of 2026-10-23:

| Metric | Value |
|---|---|
| Price | $182.28 USD |
| Market Cap | $19.34B |
| P/E (TTM) | 17.53 |
| EPS (TTM) | $10.40 |
| 52-Week Range | $156.60 – $224.46 |
| Dividend Yield (TTM) | 2.67% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 2.67% |
| Annual Dividend (TTM) | $4.86 /share |
| Annual Dividend (Forward) | $5.00 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 7 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 12.6% / 13.7% / 16.6% / — |
| Payout Ratio (EPS, TTM) | 50.8% |
| Payout Ratio (FCF, TTM) | 47.6% |
| Payout Ratio (EPS, forward dividend) | 53.8% |
| Payout Ratio (FCF, forward dividend) | 50.4% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-08-20 | $1.2500 | 2026-09-17 |
| 2026-05-22 | $1.2500 | 2026-06-17 |
| 2026-03-13 | $1.2500 | 2026-03-27 |
| 2025-11-13 | $1.1100 | 2025-12-11 |
| 2025-08-21 | $1.1100 | 2025-09-18 |
| 2025-05-22 | $1.1100 | 2025-06-17 |
| 2025-03-13 | $1.1100 | 2025-03-27 |
| 2024-11-14 | $0.9800 | 2024-12-12 |
| 2024-08-22 | $0.9800 | 2024-09-18 |
| 2024-05-22 | $0.9800 | 2024-06-19 |
| 2024-03-13 | $0.9800 | 2024-03-28 |
| 2023-11-15 | $0.8500 | 2023-12-14 |

Full history: https://www.dividenddata.com/stocks/sbac/dividend

## Frequently Asked Questions

### What does SBA Communications Corporation do?

SBA Communications Corporation (SBAC) operates in the REIT - Specialty industry within the Real Estate sector. Full company description, peers, and segment breakdown are on the page above.

### What is SBAC's market cap?

SBA Communications Corporation (SBAC) has a market capitalization of approximately $19.34 billion, as of October 23, 2026, based on the most recent share price and shares outstanding.

### Does SBAC pay a dividend?

Yes, SBA Communications Corporation (SBAC) pays a dividend quarterly, with a trailing-twelve-month yield of 2.67%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does SBAC pay dividends?

SBA Communications Corporation pays dividends quarterly. The forward annual rate is $5.00 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is SBAC's payout ratio?

SBA Communications Corporation's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

### How are SBAC's dividends taxed?

SBA Communications Corporation (SBAC) is a real estate investment trust (REIT). REIT distributions are typically a mix of ordinary income, capital gains, and return of capital, and are reported on Form 1099-DIV. Consult a tax advisor for your specific situation. This is not tax advice.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/sbac
- Dividend history & safety: https://www.dividenddata.com/stocks/sbac/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/sbac/earnings
- Financial statements: https://www.dividenddata.com/stocks/sbac/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/sbac/valuation
- Peer comparison: https://www.dividenddata.com/stocks/sbac/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.