SBAC Dividend History & Yield

SBA Communications Corporation · NasdaqGS

Stock Real Estate Quarterly payer REIT
$188.69
-0.40% today
as of Sep 8, 2026
TTM yield
2.58%
$4.86/share over the last 12 months
Forward yield
2.65%
$5.00/share indicated annual rate
Annual dividend
$5.00
per share, forward
Per payment
$1.25
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 15, 2026 Estimated
in 68 days
Next pay date
Dec 12, 2026
in 95 days
Last ex-dividend date
Aug 20, 2026
$1.25 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
20.0B
P/E 20.4
5y dividend CAGR
+17.1%
annualised, regular payments
Growth streak
6 yrs
consecutive annual raises
Years paying
7.0
since Aug 27, 2019
1y total return
-5.5%
price -7.9% + dividends 2.4%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Sun, Nov 15, 2026 (in 68 days) Dec 12, 2026 $1.25 $125.00 Estimated
Wed, Feb 10, 2027 (in 155 days) Mar 9, 2027 $1.25 $125.00 Estimated
Sat, May 8, 2027 (in 242 days) Jun 4, 2027 $1.25 $125.00 Estimated
Tue, Aug 3, 2027 (in 329 days) Aug 30, 2027 $1.25 $125.00 Estimated

Estimated dates and amounts are projected from SBAC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $5.00 per share.

Dividend payment history

Last 29 payments per share. RegularSpecial

Last 29 payments per share from Aug 27, 2019 to Aug 20, 2026; most recent $1.25$0.00$0.75$1.50Aug 27, 2019: $0.37Aug '19Nov 20, 2019: $0.37Mar 9, 2020: $0.465May 27, 2020: $0.465Aug 24, 2020: $0.465Aug '20Nov 18, 2020: $0.465Mar 9, 2021: $0.58May 19, 2021: $0.58Aug 25, 2021: $0.58Aug '21Nov 17, 2021: $0.58Mar 9, 2022: $0.71May 18, 2022: $0.71Aug 24, 2022: $0.71Aug '22Nov 16, 2022: $0.71Mar 9, 2023: $0.85May 25, 2023: $0.85Aug 23, 2023: $0.85Aug '23Nov 15, 2023: $0.85Mar 13, 2024: $0.98May 22, 2024: $0.98Aug 22, 2024: $0.98Aug '24Nov 14, 2024: $0.98Mar 13, 2025: $1.11May 22, 2025: $1.11Aug 21, 2025: $1.11Aug '25Nov 13, 2025: $1.11Mar 13, 2026: $1.25May 22, 2026: $1.25Aug 20, 2026: $1.25Aug '26

Annual dividends per share

Annual dividend per share by calendar year, 2019 to 2026 (year to date)$0.00$2.50$5.002019: $0.74$0.7420192020: $1.86$1.8620202021: $2.32$2.3220212022: $2.84$2.8420222023: $3.40$3.4020232024: $3.92$3.9220242025: $4.44$4.4420252026 (YTD): $3.75$3.752026 YTD

How much SBAC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month240$45,286$1,200
$500 / month1,200$226,428$6,000
$1,000 / month2,400$452,856$12,000

Based on the forward yield of 2.65%. $10,000 in SBAC would currently pay about $265 a year ($22 a month on average). Model reinvestment and growth →

SBAC dividend history

Show all 29 payments
Ex-datePay dateAmountChange
Aug 20, 2026 Sep 17, 2026 $1.25 +0.0%
May 22, 2026 Jun 17, 2026 $1.25 +0.0%
Mar 13, 2026 Mar 27, 2026 $1.25 +12.6%
Nov 13, 2025 Dec 11, 2025 $1.11 +0.0%
Aug 21, 2025 Sep 18, 2025 $1.11 +0.0%
May 22, 2025 Jun 17, 2025 $1.11 +0.0%
Mar 13, 2025 Mar 27, 2025 $1.11 +13.3%
Nov 14, 2024 Dec 12, 2024 $0.98 +0.0%
Aug 22, 2024 Sep 18, 2024 $0.98 +0.0%
May 22, 2024 Jun 19, 2024 $0.98 +0.0%
Mar 13, 2024 Mar 28, 2024 $0.98 +15.3%
Nov 15, 2023 Dec 14, 2023 $0.85 +0.0%
Aug 23, 2023 Sep 20, 2023 $0.85 +0.0%
May 25, 2023 Jun 21, 2023 $0.85 +0.0%
Mar 9, 2023 Mar 24, 2023 $0.85 +19.7%
Nov 16, 2022 Dec 15, 2022 $0.71 +0.0%
Aug 24, 2022 Sep 20, 2022 $0.71 +0.0%
May 18, 2022 Jun 14, 2022 $0.71 +0.0%
Mar 9, 2022 Mar 25, 2022 $0.71 +22.4%
Nov 17, 2021 Dec 16, 2021 $0.58 +0.0%
Aug 25, 2021 Sep 23, 2021 $0.58 +0.0%
May 19, 2021 Jun 15, 2021 $0.58 +0.0%
Mar 9, 2021 Mar 26, 2021 $0.58 +24.7%
Nov 18, 2020 Dec 17, 2020 $0.465 +0.0%

Payout risk check

Yield-trap heuristicLow risk

SBAC scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About SBA Communications Corporation

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or by other tower owners or operators who, like us, build towers to lease space to multiple wireless service providers.

Sector: Real Estate. Industry: REIT - Specialty. First dividend on our records: Aug 27, 2019. 29 payments tracked.

SBAC dividend FAQ

When is SBAC's next ex-dividend date?

SBAC's next ex-dividend date is Nov 15, 2026 (in 68 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.25 per share, expected on Dec 12, 2026.

How often does SBAC pay dividends?

SBAC pays dividends every quarter, 4 times a year. The most recent payment was $1.25 per share with an ex-date of Aug 20, 2026.

What is SBAC's dividend yield?

SBAC's trailing 12-month dividend yield is 2.58%, based on $4.86 per share paid over the last year and a share price of $188.69. The forward yield, using the indicated annual rate of $5.00 per share, is 2.65%.

How much does SBAC pay per share?

SBAC pays about $1.25 per share each quarter, which works out to roughly $5.00 per share a year. 100 shares would collect about $500.00 a year.

Has SBAC grown or cut its dividend?

SBAC has raised its annual dividend for 6 consecutive years. Over the last 5 years the regular payout has grown at 17.1% a year (+12.8% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of SBAC do I need to earn $100 a month?

At the current forward yield of 2.65%, you would need about 240 shares of SBAC (roughly $45,286 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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