American Tower's Dividend Yield of 3.17% Makes it a Top 25 Dividend Giant

American Tower Corp (AMT) has been named a Top 25 "Dividend Giant" by ETF Channel. The company has $19.46B worth of stock held by ETFs and a 3.17% yield. It has a strong quarterly dividend history and favorable long-term growth rates in key fundamental data points. The annualized dividend is $6.8/share, paid in quarterly installments.

American Tower Corp (AMT) has been recognized as a Top 25 "Dividend Giant" by ETF Channel, highlighting its strong dividend yield and robust dividend history. With $19.46 billion worth of stock held by ETFs and a yield of 3.17%, the company has garnered significant attention from investors seeking steady income streams.

The annualized dividend for AMT shares is $6.8 per share, paid in quarterly installments. This consistent dividend payout reflects the company's commitment to shareholder value and its strong financial performance. Over the past three years, AMT has increased its dividend by an average of 15.74% per year, underscoring its commitment to dividend growth [1].

American Tower's dividend payout ratio varies based on different metrics. For the trailing year of earnings, the payout ratio is 303.38%, while for this year's estimates and next year's estimates, it is 67.53% and 62.93%, respectively. The cash flow-based payout ratio is 60.33% [1]. These ratios indicate that AMT is maintaining a balance between dividend payments and earnings, ensuring the sustainability of its dividend policy.

The company's latest earnings report revealed strong financial performance, with earnings per share (EPS) of $2.60 for the quarter, exceeding analysts' consensus estimates of $2.59. American Tower's net margin was 17.34% and its return on equity was 30.20%, reflecting its efficient operations and profitability [2].

American Tower's stock has been performing well, with a twelve-month low of $172.51 and a twelve-month high of $243.56. The company has a market capitalization of $104.91 billion, a PE ratio of 57.61, and a beta of 0.82, indicating its relative stability and growth potential [2]. Analysts have generally been bullish on AMT, with a consensus rating of "Buy" and an average target price of $242.31 [2].

Institutional investors have also shown confidence in AMT, with 92.69% of the stock currently owned by institutional investors. Hedge funds like Brighton Jones LLC have increased their stakes in AMT, further validating the company's investment appeal [2].

American Tower's recognition as a Top 25 "Dividend Giant" underscores its status as a reliable dividend-paying stock. With a strong track record, favorable long-term growth rates, and robust financial performance, AMT continues to attract investors seeking steady income and growth potential.

References:
[1] https://www.marketbeat.com/stocks/NYSE/AMT/dividend/
[2] https://www.marketbeat.com/instant-alerts/american-tower-nyseamt-updates-fy-2025-earnings-guidance-2025-07-29/