Is SBA Communications Corporation a good dividend stock?

SBA Communications Corporation (SBAC) is a dividend-paying stock with a current dividend yield of 2.63%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is SBAC's dividend yield?

The dividend yield for SBAC stock is currently 2.63%.

How much does SBAC pay in dividends per year?

SBA Communications Corporation pays an annual dividend of $4.7200 per share over the trailing twelve months.

How often does SBAC pay dividends?

SBAC stock pays dividends quarterly.

Is SBAC's dividend growing?

SBA Communications Corporation's 3-year dividend CAGR is 14.8%.

SBAC Stock Price, Chart, Stats & News

SBA Communications Corporation

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Overview Dividend safety Dividends Fundamentals

SBA Communications Corporation (SBAC) is a dividend-paying stock with a current dividend yield of 2.63% as of Jun 29, 2026. It pays $4.72 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 17.70% 5-year compound annual rate.

19.04B

Market cap

16.90x

Current P/E

20.62x

Forward P/E

2.63%

Dividend yield

$4.72

SBAC dividend

Dividend safety

Strong

Dividend coverage looks healthy — SBAC pays out about 44% of earnings.

See the safety analysis

SBAC chart

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Fundamentals

Gross margin	63.48%
Operating margin	48.01%
Pretax margin	44.12%
Net margin	37.43%
Effective tax rate	15.10%
ROA	9.10%
ROE	-21.40%
D/E	-3.16x
Interest coverage ratio	5.54x

All financials

SBAC valuation

P/E	16.90x
P/S	6.28x
P/B	-3.66x
P/CF	13.75x
P/FCF	16.57x
P/OCF	13.75x
PEG	0.72x
EV multiple	1.34x

About

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.