SBA Communications (SBAC) dividend history

Real Estate · REIT - Specialty · Market cap $19.3B

SBA Communications paid $479M in dividends in fiscal 2025, about $4.45 per share.

Dividends per share grew 35.3% a year over 6 years, rising in each of the last 6 years.

That took 45% of free cash flow and 45% of net income.

At today's price the trailing yield is 2.80%.

Dividends by fiscal year

Dividends paid from the cash flow statement in SBA Communications's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).

Fiscal yearPer shareGrowthTotal paid% of free cash flow% of net income
2025$4.45 +13.5%$479M 45%45%
2024$3.92 +15.5%$424M 38%57%
2023$3.40 +21.1%$370M 28%74%
2022$2.80 +23.0%$307M 29%66%
2021$2.28 +24.6%$254M 24%107%
2020$1.83 +151.8%$208M 21%862%
2019$0.73 —$83M 10%57%
2018— —— ——
2017— —— ——
2016— —— ——
2015— —— ——
2014— —— ——
2013— —— ——
2012— —— ——
2011— —— ——

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Questions

Does SBA Communications pay a dividend?

SBA Communications paid $479M in dividends in fiscal 2025, about $4.45 per share.

How fast has SBA Communications's dividend grown?

Dividends per share grew 35.3% a year over 6 years, rising in each of the last 6 years.

From SBA Communications's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.