SBA Communications (SBAC) Dividend History & Yield
SBA Communications (SBAC) has increased its dividend for 7 consecutive years and currently yields 2.24%. The most recent payment was $1.2500/share on Mar 13, 2026, paid Quarterly.
Current Yield
2.24%
TTM Dividend/Share
$4.58
Payment Frequency
Quarterly
Payout Ratio
45.5%
Consecutive Growth Years
7
Div Growth (1Y CAGR)
13.27%
Div Growth (5Y CAGR)
19.01%
Div Growth (10Y CAGR)
N/A
Dividend Safety Score
4 out of 4 checks passed
Payout ratio below 75%
Payout ratio is 45.5%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($9.95) covers dividend/share ($4.58).
No dividend cuts in 7 years
No dividend cuts in the available 7 years of data.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
7+ years of consecutive growth
N/A — only 7 years of data available (need 10+).
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 13, 2026
- Payment date
- Mar 27, 2026
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.44%
Ex-date Nov 13, 2025
- Payment date
- Dec 11, 2025
- Dividend
- $1.1100
- Adj. dividend
- $1.1100
- Yield (ex-date)
- 2.29%
Ex-date Aug 21, 2025
- Payment date
- Sep 18, 2025
- Dividend
- $1.1100
- Adj. dividend
- $1.1100
- Yield (ex-date)
- 1.95%
Ex-date May 22, 2025
- Payment date
- Jun 17, 2025
- Dividend
- $1.1100
- Adj. dividend
- $1.1100
- Yield (ex-date)
- 1.83%
Ex-date Mar 13, 2025
- Payment date
- Mar 27, 2025
- Dividend
- $1.1100
- Adj. dividend
- $1.1100
- Yield (ex-date)
- 1.89%
Ex-date Nov 14, 2024
- Payment date
- Dec 12, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
- Yield (ex-date)
- 1.79%
Ex-date Aug 22, 2024
- Payment date
- Sep 18, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
- Yield (ex-date)
- 1.74%
Ex-date May 22, 2024
- Payment date
- Jun 19, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
- Yield (ex-date)
- 1.89%
Ex-date Mar 13, 2024
- Payment date
- Mar 28, 2024
- Dividend
- $0.9800
- Adj. dividend
- $0.9800
- Yield (ex-date)
- 1.61%
Ex-date Nov 15, 2023
- Payment date
- Dec 14, 2023
- Dividend
- $0.8500
- Adj. dividend
- $0.8500
- Yield (ex-date)
- 1.45%
Ex-date Aug 23, 2023
- Payment date
- Sep 20, 2023
- Dividend
- $0.8500
- Adj. dividend
- $0.8500
- Yield (ex-date)
- 1.48%
Ex-date May 25, 2023
- Payment date
- Jun 21, 2023
- Dividend
- $0.8500
- Adj. dividend
- $0.8500
- Yield (ex-date)
- 1.41%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 13, 2026 | Mar 27, 2026 | $1.2500 | $1.2500 | 2.44% |
| Nov 13, 2025 | Dec 11, 2025 | $1.1100 | $1.1100 | 2.29% |
| Aug 21, 2025 | Sep 18, 2025 | $1.1100 | $1.1100 | 1.95% |
| May 22, 2025 | Jun 17, 2025 | $1.1100 | $1.1100 | 1.83% |
| Mar 13, 2025 | Mar 27, 2025 | $1.1100 | $1.1100 | 1.89% |
| Nov 14, 2024 | Dec 12, 2024 | $0.9800 | $0.9800 | 1.79% |
| Aug 22, 2024 | Sep 18, 2024 | $0.9800 | $0.9800 | 1.74% |
| May 22, 2024 | Jun 19, 2024 | $0.9800 | $0.9800 | 1.89% |
| Mar 13, 2024 | Mar 28, 2024 | $0.9800 | $0.9800 | 1.61% |
| Nov 15, 2023 | Dec 14, 2023 | $0.8500 | $0.8500 | 1.45% |
| Aug 23, 2023 | Sep 20, 2023 | $0.8500 | $0.8500 | 1.48% |
| May 25, 2023 | Jun 21, 2023 | $0.8500 | $0.8500 | 1.41% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
SBA Communications has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 7 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.4400 | — | — |
| 2025 | $3.9200 | $4.4400 | +13.3% |
| 2024 | $3.4000 | $3.9200 | +15.3% |
| 2023 | $2.8400 | $3.4000 | +19.7% |
| 2022 | $2.3200 | $2.8400 | +22.4% |
| 2021 | $1.8600 | $2.3200 | +24.7% |
| 2020 | — | $1.8600 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does SBA Communications pay dividends?
- Yes, SBA Communications (SBAC) pays quarterly dividends of approximately $4.58 per share annually, yielding 2.24%.
What is SBA Communications's dividend yield?
- SBA Communications (SBAC) has a current dividend yield of 2.24%.
Is SBA Communications's dividend safe?
- SBA Communications (SBAC) passes 4 out of 4 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has SBA Communications increased its dividend?
- SBA Communications (SBAC) has 7 consecutive years of dividend increases.
What is SBA Communications's dividend payout ratio?
- SBA Communications (SBAC) has a dividend payout ratio of 45.5%.
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