← Back to declarations

SBAC SBA Communications Corporation — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Real Estate / REIT - Specialty

$185.47 ▲ $4.05(2.23%) as of Sep 14, 2026 03:06 UTC
Sponsored Advanced charts & data →

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, please visit www.sbasite.com.

Dividend Snapshot

StatusGrowing
Last Dividend$1.2500Pays Sep 17, 2026
Forward Annual$5.00
FrequencyQuarterly
Last Ex-DateAug 20, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth13.3%Annual totals, 2024–2025

Key Metrics

Current Yield

2.70%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$5.0000

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

61.7

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

50

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$165.15 – $223.75

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

51.00% (EPS-based)

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

6

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

-4.24

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 62/100, yield 2.70%.
A Accelerating
6 consecutive years of dividend increases.
F Flawless
No dividend cut in the available payment record.
E Enduring
6 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume909,500Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$183.18Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$181.30 – $186.13Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$181.42Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$19.67BAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out106.06MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$9.3512 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)19.9Price as of Sep 14, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateAug 20, 2026Pays Sep 17, 2026The most recent ex-dividend date that has already passed.
Next Ex-Date-None declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)16.1%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)19.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases6 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

SBAC's dividend yield rose from 2.55% to 2.70% over the past ~90 days (+0.14 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.14 pp from the share price ($195.73 on Jun 16, 2026 → $185.47 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current2.70%
1-Yr Average2.45%
Low / High1.86% – 3.03%
Percentile86%

Across 333 daily observations over the past 16 months (through Sep 11, 2026), SBAC's current yield is higher than approximately 86% of them. Our stored price history for SBAC covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$1.2500 Q Regular Aug 02, 2026 Aug 20, 2026 Aug 20, 2026 Sep 17, 2026
$1.2500 Q Regular Apr 28, 2026 May 22, 2026 May 22, 2026 Jun 17, 2026
$1.2500 Q Regular Feb 25, 2026 Mar 13, 2026 Mar 13, 2026 Mar 27, 2026
$1.1100 Q Regular Nov 02, 2025 Nov 13, 2025 Nov 13, 2025 Dec 11, 2025
$1.1100 Q Regular Aug 03, 2025 Aug 21, 2025 Aug 21, 2025 Sep 18, 2025
$1.1100 Q Regular Apr 28, 2025 May 22, 2025 May 22, 2025 Jun 17, 2025
$1.1100 Q Regular Feb 24, 2025 Mar 13, 2025 Mar 13, 2025 Mar 27, 2025
$0.9800 Q Regular Oct 27, 2024 Nov 14, 2024 Nov 14, 2024 Dec 12, 2024
$0.9800 Q Regular Jul 29, 2024 Aug 22, 2024 Aug 22, 2024 Sep 18, 2024
$0.9800 Q Regular Apr 29, 2024 May 22, 2024 May 23, 2024 Jun 19, 2024
$0.9800 Q Regular Feb 26, 2024 Mar 13, 2024 Mar 14, 2024 Mar 28, 2024
$0.8500 Q Regular Nov 02, 2023 Nov 15, 2023 Nov 16, 2023 Dec 14, 2023
$0.8500 Q Regular Jul 31, 2023 Aug 23, 2023 Aug 24, 2023 Sep 20, 2023
$0.8500 Q Regular May 01, 2023 May 25, 2023 May 26, 2023 Jun 21, 2023
$0.8500 Q Regular Feb 21, 2023 Mar 09, 2023 Mar 10, 2023 Mar 24, 2023
$0.7100 Q Regular Oct 31, 2022 Nov 16, 2022 Nov 17, 2022 Dec 15, 2022
$0.7100 Q Regular Aug 01, 2022 Aug 24, 2022 Aug 25, 2022 Sep 20, 2022
$0.7100 Q Regular Apr 25, 2022 May 18, 2022 May 19, 2022 Jun 14, 2022
$0.7100 Q Regular Feb 28, 2022 Mar 09, 2022 Mar 10, 2022 Mar 25, 2022
$0.5800 Q Regular Nov 01, 2021 Nov 17, 2021 Nov 18, 2021 Dec 16, 2021
$0.5800 Q Regular Aug 02, 2021 Aug 25, 2021 Aug 26, 2021 Sep 23, 2021
$0.5800 Q Regular Apr 26, 2021 May 19, 2021 May 20, 2021 Jun 15, 2021
$0.5800 Q Regular Feb 22, 2021 Mar 09, 2021 Mar 10, 2021 Mar 26, 2021
$0.4650 Q Regular Nov 02, 2020 Nov 18, 2020 Nov 19, 2020 Dec 17, 2020
$0.4650 Q Regular Aug 03, 2020 Aug 24, 2020 Aug 25, 2020 Sep 22, 2020
$0.4650 Q Regular May 05, 2020 May 27, 2020 May 28, 2020 Jun 18, 2020
$0.4650 Q Regular Feb 19, 2020 Mar 09, 2020 Mar 10, 2020 Mar 26, 2020
$0.3700 Q Regular Oct 25, 2019 Nov 20, 2019 Nov 21, 2019 Dec 19, 2019
$0.3700 Q Regular Jul 29, 2019 Aug 27, 2019 Aug 28, 2019 Sep 25, 2019

Peer Comparison

Selected REIT - Specialty dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
CCI Crown Castle Inc. 5.62% -0.7% 0 yrs 61
AMT American Tower Corporation 4.03% 8.5% 14 yrs 57
FPI Farmland Partners Inc. 3.36% 17.1% 0 yrs 53
VICI VICI Properties Inc. 7.41% 7.1% 7 yrs 52

SBAC dividend — frequently asked questions

Does SBA Communications Corporation pay a dividend?

Yes. SBA Communications Corporation (SBAC) currently pays a dividend. The annualized dividend is about $5.00 per share, a yield of approximately 2.70%.

What is SBA Communications Corporation's dividend yield?

SBA Communications Corporation's dividend yield is approximately 2.70%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does SBA Communications Corporation pay dividends?

SBA Communications Corporation pays dividends quarterly — 4 times per year.

How long has SBA Communications Corporation paid dividends?

SBA Communications Corporation has 6 years of dividend payments on record, and has increased its dividend for 6 consecutive years.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

View
Theme