SBA Communications Corporation (SBAC) Dividend History

NASDAQ: SBACYield, payment dates, growth and payout ratio.

SBAC latest dividend

$1.25last dividend per share
Ex-dividend dateAug 20Thursday, 2026
Payment dateSep 17Thursday, 2026

The next dividend has not been announced yet.

  • 5 yearsof dividend increases
  • 2019paying since
  • Quarterly4 payments a year
  • +19.0%5-year growth a year
  • 2.67%forward yield

SBAC dividend income calculator

Dividend income a year
$500
Each payment
$125
Value of the shares
$18,706
Dividend yield
2.67%

At the latest close; forward annual dividend $5.00 per share, before tax.

SBAC dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

SBAC dividend safety

Payout ratio (earnings)47.8%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)44.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+19.0%
Growing · a year on average
Years of increases5
Established · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

SBAC yield on cost

SBA Communications Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$196.262.55%$4.862.5%
3 years ago$194.762.57%$12.966.7%
5 years ago$323.401.55%$18.935.9%
10 years ago$111.354.49%$23.2720.9%
20 years ago$26.5318.85%$23.2787.7%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

SBAC dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 29 payments).

SBAC dividends by year

SBA Communications Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$4.44+13.3%2.30%4
2024$3.92+15.3%1.92%4
2023$3.40+19.7%1.34%4
2022$2.84+22.4%1.01%4
2021$2.32+24.7%0.60%4
2020$1.86—0.66%4
2019$0.74—0.31%2

SBAC dividend history

29 payments
SBA Communications Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-202026-09-17$1.25—Quarterly
2026-05-222026-06-17$1.25—Quarterly
2026-03-132026-03-27$1.25+12.6%Quarterly
2025-11-132025-12-11$1.11—Quarterly
2025-08-212025-09-18$1.11—Quarterly
2025-05-222025-06-17$1.11—Quarterly
2025-03-132025-03-27$1.11+13.3%Quarterly
2024-11-142024-12-12$0.98—Quarterly
2024-08-222024-09-18$0.98—Quarterly
2024-05-222024-06-19$0.98—Quarterly
2024-03-132024-03-28$0.98+15.3%Quarterly
2023-11-152023-12-14$0.85—Quarterly
2023-08-232023-09-20$0.85—Quarterly
2023-05-252023-06-21$0.85—Quarterly
2023-03-092023-03-24$0.85+19.7%Quarterly
2022-11-162022-12-15$0.71—Quarterly
Show all 29 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-242022-09-20$0.71—Quarterly
2022-05-182022-06-14$0.71—Quarterly
2022-03-092022-03-25$0.71+22.4%Quarterly
2021-11-172021-12-16$0.58—Quarterly
2021-08-252021-09-23$0.58—Quarterly
2021-05-192021-06-15$0.58—Quarterly
2021-03-092021-03-26$0.58+24.7%Quarterly
2020-11-182020-12-17$0.465—Quarterly
2020-08-242020-09-22$0.465—Quarterly
2020-05-272020-06-18$0.465—Quarterly
2020-03-092020-03-26$0.465+25.7%Quarterly
2019-11-202019-12-19$0.37—Quarterly
2019-08-272019-09-25$0.37—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

SBAC stock split history

SBA Communications has no stock splits on record.

SBAC dividend overview

SBA Communications pays an annual dividend of $5.00 per share, a yield of 2.67% at the latest close, paid quarterly. It paid $4.44 per share in 2025, up 13.3% from 2024. It has raised its dividend for 5 consecutive years. Over five years the dividend grew 19.0% a year on average. The payout ratio is 47.8% of trailing earnings.

Related: SBAC cash flow statement, SBAC key metrics, SBAC chart. See the SBAC stock overview for the latest quote and news.

SBAC dividends FAQ

Does SBA Communications pay a dividend?

Yes. SBA Communications has paid a regular dividend since 2019, quarterly, most recently $1.25 per share with an ex-dividend date of August 20, 2026.

What is SBA Communications's dividend yield?

SBA Communications's forward annual dividend is $5.00 per share, a dividend yield of 2.67% at the latest close of $187.06.

How often does SBA Communications pay dividends?

SBA Communications pays dividends quarterly.

How fast is SBA Communications's dividend growing?

SBA Communications's dividend per share grew from $1.86 in 2020 to $4.44 in 2025, 19.0% a year on average over five years; it has increased for 5 years in a row.

What is SBA Communications's dividend payout ratio?

SBA Communications pays out 47.8% of its trailing earnings as dividends and 44.9% of its free cash flow (fiscal 2025).

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