SBAC - NASDAQ
SBA Communications Corporation
$200.46
+2.2%SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.
At a Glance
Live SnapshotSBA Communications Corporation Dividend History
SBAC Dividend Payment History
Total Payments
28
Latest Dividend
$1.2500
Annual Amount
$5.8300
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 28, 2026 | May 22, 2026 | Jun 17, 2026 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Feb 25, 2026 | Mar 13, 2026 | Mar 27, 2026 | $1.2500 | $1.2500 | Quarterly | +12.61% |
Nov 2, 2025 | Nov 13, 2025 | Dec 11, 2025 | $1.1100 | $1.1100 | Quarterly | 0.00% |
Aug 3, 2025 | Aug 21, 2025 | Sep 18, 2025 | $1.1100 | $1.1100 | Quarterly | 0.00% |
Apr 28, 2025 | May 22, 2025 | Jun 17, 2025 | $1.1100 | $1.1100 | Quarterly | 0.00% |
Feb 24, 2025 | Mar 13, 2025 | Mar 27, 2025 | $1.1100 | $1.1100 | Quarterly | +13.27% |
Oct 27, 2024 | Nov 14, 2024 | Dec 12, 2024 | $0.9800 | $0.9800 | Quarterly | 0.00% |
Jul 29, 2024 | Aug 22, 2024 | Sep 18, 2024 | $0.9800 | $0.9800 | Quarterly | 0.00% |
Apr 29, 2024 | May 23, 2024 | Jun 19, 2024 | $0.9800 | $0.9800 | Quarterly | 0.00% |
Feb 26, 2024 | Mar 14, 2024 | Mar 28, 2024 | $0.9800 | $0.9800 | Quarterly | +15.29% |
Nov 2, 2023 | Nov 16, 2023 | Dec 14, 2023 | $0.8500 | $0.8500 | Quarterly | 0.00% |
Jul 31, 2023 | Aug 24, 2023 | Sep 20, 2023 | $0.8500 | $0.8500 | Quarterly | 0.00% |
May 1, 2023 | May 26, 2023 | Jun 21, 2023 | $0.8500 | $0.8500 | Quarterly | 0.00% |
Feb 21, 2023 | Mar 10, 2023 | Mar 24, 2023 | $0.8500 | $0.8500 | Quarterly | +19.72% |
Oct 31, 2022 | Nov 17, 2022 | Dec 15, 2022 | $0.7100 | $0.7100 | Quarterly | 0.00% |
Aug 1, 2022 | Aug 25, 2022 | Sep 20, 2022 | $0.7100 | $0.7100 | Quarterly | 0.00% |
Apr 25, 2022 | May 19, 2022 | Jun 14, 2022 | $0.7100 | $0.7100 | Quarterly | 0.00% |
Feb 28, 2022 | Mar 10, 2022 | Mar 25, 2022 | $0.7100 | $0.7100 | Quarterly | +22.41% |
Nov 1, 2021 | Nov 18, 2021 | Dec 16, 2021 | $0.5800 | $0.5800 | Quarterly | 0.00% |
Aug 2, 2021 | Aug 26, 2021 | Sep 23, 2021 | $0.5800 | $0.5800 | Quarterly | 0.00% |
Apr 26, 2021 | May 20, 2021 | Jun 15, 2021 | $0.5800 | $0.5800 | Quarterly | 0.00% |
Feb 22, 2021 | Mar 10, 2021 | Mar 26, 2021 | $0.5800 | $0.5800 | Quarterly | +24.73% |
Nov 2, 2020 | Nov 19, 2020 | Dec 17, 2020 | $0.4650 | $0.4650 | Quarterly | 0.00% |
Aug 3, 2020 | Aug 25, 2020 | Sep 22, 2020 | $0.4650 | $0.4650 | Quarterly | 0.00% |
May 5, 2020 | May 28, 2020 | Jun 18, 2020 | $0.4650 | $0.4650 | Quarterly | 0.00% |
Feb 19, 2020 | Mar 10, 2020 | Mar 26, 2020 | $0.4650 | $0.4650 | Quarterly | +25.68% |
Oct 25, 2019 | Nov 21, 2019 | Dec 19, 2019 | $0.3700 | $0.3700 | Quarterly | 0.00% |
Jul 29, 2019 | Aug 28, 2019 | Sep 25, 2019 | $0.3700 | $0.3700 | Quarterly | - |
SBA Communications Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Key Insight
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
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Statements
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Analyst Expectations
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