American Tower Dividend Info: Key Highlights Before Ex-Dividend Date Jun 13, 2025

American Tower Corporation (AMT) has announced its upcoming dividend details. The ex-dividend date is set for Jun 13, 2025, with the announcement made on May 15, 2025, and the dividend payable on Jul 11, 2025. Shareholders will receive $1.7 per share, a figure notably higher than the average of the last ten dividends, which stands at $0.880 per share. The type of dividend is cash. Previously, on Apr 28, 2025, the company distributed a dividend of $1.7 per share, also described as cash. This consistency in dividend payout reflects American Tower's ongoing commitment to rewarding its shareholders.

Recently, American Tower Corporation has seen significant developments affecting its market performance and fundamentals. Over the past week, analysts reaffirmed a Buy rating for AMT with a price target of $241, citing robust demand for its communication infrastructure and data center facilities. This positive outlook underscores the company's strategic positioning within the digital infrastructure ecosystem, enhanced by the global expansion of 5G and increased wireless usage. AMT's strong financial foundation is evident through its healthy organic tenant billings growth of 4.7% and total tenant billings growth of 5.2% in the first quarter of 2025, further supported by an 8.4% data center revenue increase.

As of late, American Tower completed the acquisition of a multi-tenant data center facility in Denver, CO, which it had previously leased. This acquisition aligns with its expansion strategy, bolstered by $11.7 billion in total liquidity as of Mar 31, 2025. Despite its strong operational platform, AMT faces challenges such as high customer concentration and industry consolidation, particularly within wireless communications. The merger between T-Mobile and Sprint has led to tower site overlap, impacting leasing revenues. Nonetheless, American Tower remains committed to enhancing shareholder value through regular dividend hikes, having increased its dividend 15 times in the past five years with an annualized growth rate of 9.07%.

In conclusion, American Tower Corporation's dividend strategy and recent market developments highlight its robust financial health and strategic positioning. Investors should note that Jun 13, 2025 is the ex-dividend date, marking the last opportunity to purchase AMT stock and qualify for this dividend payout; purchases made after this date will not be eligible for the current dividend distribution.