SBA Communications Corporation · SBAC · NASDAQ
Dividend report · updated Nov 10, 2026
$189.01 -0.70% on the day, -$1.34
SBAC stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is SBAC’s dividend Very Safe or High Risk? 11 checks scored. Payout ratio, raise streak, recession record and 8 more. Show the rating
Yearly payout / yield
$5.00·2.65%
$1.25 quarterly x 4 ⓘ
Next payment
~$1.25/qtr
pays ~Nov 19 (est.) ⓘ
Next ex-date
Nov 15est.
ex in 5 days ⓘ
Years without a cut
5+ yrs
5 yrs of raises ⓘ
Recession record
2020raised2022raised
raised through both ⓘ
Yield vs history ⓘ
81
Well above its usual yield
SBAC share price & total return
Daily closing price, adjusted for stock splits.
SBAC stock page »All dividend lists »Build a portfolio around SBAC »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
SBAC Dividend Growth (CAGR) ⓘ
1Y +12.6%3Y +13.7%5Y +16.6%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 29 payments since 2019.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $1.25 rate), not a promise.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +15.29% a year, its typical raise over the last 5 years. From 2029 it slows by a quarter each year. Today's $5.00 a year would be $8.57 by 2031 - 4.53% on today's $189.01 price.

How Many SBAC Shares for $500 or $1,000 a Month?

At $5.00 a share a year, $500 a month takes about 1,200 SBAC shares, about $226,812 at the Nov 10, 2026 close of $189.01. $1,000 a month takes about 2,400 shares, about $453,624. Before taxes, and only while the rate holds.

SBA Communications (SBAC) pays $1.25 a share quarterly, $5.00 a year, a 2.65% run-rate yield at the Nov 10, 2026 close of $189.01. It has paid since 2019 and raised its annual dividend 5 years in a row.

At today’s rate of $1.25 quarterly and the last close of $189.01, this is what SBAC pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$1.25$0.42$5.00
100 shares$125.00$41.67$500.00
$10,000 invested (52.9 shares)$66.13$22.04$264.54
1,200 shares ($500/mo)$1,500.00$500.00$6,000.00
2,400 shares ($1,000/mo)$3,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 SBAC shares reinvest into 0.66 new shares each payment, about 2.7 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 152 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with SBAC’s own history in the SBAC DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See SBAC’s rating and its 11 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (cash flow): does cash from the business cover the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

SBAC Dividend Yield Today vs Its 5-Year Range

81/100Well above its usual yieldvs its 7-yr history
  • SBAC yields 2.65% today, at the Nov 10, 2026 close of $189.01.
  • Its own 7-year median is 1.30%, so today’s yield is well above its usual level.
Last 5 years: lowest to highest month-end yield
0.60% low3.12% high
Blue mark = today, grey = its 7-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 7 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is SBAC’s Next Dividend? Ex-Date and Pay Date After August 2026

SBAC has not declared its next dividend yet. By its usual rhythm of about 87 days between ex-dates, the next ex-date falls around Nov 15, 2026, with the cash around Nov 19, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $1.25 a share, went ex on Aug 20, 2026 and paid Aug 24, 2026.

  • Ex-dates: about every 87 days (quarterly)
  • Payment: usually about 4 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does SBAC Pay?

SBAC pays quarterly, 4 times a year. Recent payments arrived in Mar, May, Aug and Nov, with ex-dates in Mar, May, Aug and Nov. The ex-date comes about every 87 days, and the cash usually lands about 4 days later.

Paid in the last 12 months
$4.86 a share, in 4 payments.
+12.8% against the 12 months before ($4.31 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, May, Aug and Nov. Ex-dates fall in Mar, May, Aug and Nov (latest 4 payments).
Raise history
  • Streak: 5 years of higher annual totals (through 2025)
  • Last raise: Mar 13, 2026 - $1.11 to $1.25 (+$0.14, +12.61%)
  • Usual $ step: $0.13 (median of the raises before it)
Coverage
  • FFO payout (approx.): 40.3% - $5.00 paid / $12.40 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
  • Cash-flow payout: 39.2% - $4.72 paid / $12.04 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 25.3% (median of 12 earlier trailing years)
  • GAAP EPS payout (context): 53.9% - $5.00 paid / $9.27 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 66.8% (median of 12 earlier trailing years)
REITs pay from funds from operations; GAAP EPS understates coverage.

SBAC vs Similar Dividend Stocks (BEKE, ESS...)

Against the 10 dividend-paying Real Estate companies closest to SBAC in market value, SBAC’s 2.65% run-rate yield is below the group’s middle yield of 4.25%, and its raise streak of 5 years is the 3rd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating Recessions ⓘ No cut ⓘ
SBAC $189.01SBA Communications $1.25/qtr$5.00/yr fwd 2.65% Dividend Safety Rating: paid plans only Raised in both2020 raised2022 raisedno 2000/2008 record 5+ yrsraised 5 yrs in a row
BEKE $18.40KE Holdings $0.276/yr 1.50% Dividend Safety Rating: paid plans only — 2+ yrsraised 2+ yrs in a row
ESS $275.53Essex Property Trust $2.59/qtr$10.36/yr fwd 3.76% Dividend Safety Rating: paid plans only Raised in all 42000 raised2008 raised2020 raised2022 raised 29+ yrsraised 29 yrs in a row
HST $25.29Host Hotels & Resorts $0.20/qtr$0.80/yr fwd 3.16% Dividend Safety Rating: paid plans only Stopped in 20202000 stopped2008 varied2020 stoppedno 2022 record 4 yrsraised 1 yr in a row
KIM $25.79Kimco Realty $0.28/qtr$1.12/yr fwd 4.34% Dividend Safety Rating: paid plans only Cut in 20202000 raised2008 cut2020 cut2022 raised 5 yrsraised 2 yrs in a row
LAMR $158.68Lamar Advertising $1.65/qtr$6.60/yr fwd 4.16% Dividend Safety Rating: paid plans only Cut in 20202020 cut2022 variedno 2000/2008 record 5 yrsraised 2 yrs in a row
INVH $27.20Invitation Homes $0.30/qtr$1.20/yr fwd 4.41% Dividend Safety Rating: paid plans only Raised in both2020 raised2022 raisedno 2000/2008 record 8+ yrsraised 8+ yrs in a row
WY $21.14Weyerhaeuser $0.21/qtr$0.84/yr fwd 3.97% Dividend Safety Rating: paid plans only Stopped in 20202000 held2008 cut2020 stopped2022 raised 5 yrsraised 1 yr in a row
WPC $65.91W. P. Carey $0.95/qtr$3.80/yr fwd 5.77% Dividend Safety Rating: paid plans only Cut in 20232000 raised2008 raised2020 raised2022 cut 2 yrsraised 1 yr in a row
OHI $48.83Omega Healthcare Investors $0.68/qtr$2.72/yr fwd 5.57% Dividend Safety Rating: paid plans only Stopped in 20012000 stopped2008 raised2020 held2022 held 21+ yrsno raise streak
NLY $18.95Annaly Capital Management $0.75/qtr$3.00/yr fwd 15.83% Dividend Safety Rating: paid plans only Cut in 20232000 varied2008 raised2020 cut2022 cut 2 yrsraised 1 yr in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: SBAC vs BEKE, SBAC vs ESS, SBAC vs HST.

SBAC Dividend History: Every Payment Since 2019

Ex-datePay dateAmountFrequencyType
Aug 20, 2026Aug 24, 2026$1.25QuarterlyRegular
May 22, 2026May 25, 2026$1.25QuarterlyRegular
Mar 13, 2026Mar 16, 2026$1.25QuarterlyRegular
Nov 13, 2025Nov 17, 2025$1.11QuarterlyRegular
Aug 21, 2025Aug 25, 2025$1.11QuarterlyRegular
May 22, 2025May 26, 2025$1.11QuarterlyRegular
Mar 13, 2025Mar 17, 2025$1.11QuarterlyRegular
Nov 14, 2024Nov 18, 2024$0.98QuarterlyRegular
Aug 22, 2024Aug 26, 2024$0.98QuarterlyRegular
May 22, 2024May 24, 2024$0.98QuarterlyRegular
The other 19 SBAC payments come with a paid plan.
Show all 29 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for SBAC

UnlockDividend Safety Rating: paid plans only
See where SBAC lands, and why.
See the rating & factors »
Own SBAC? Your payouts fill in by themselves Add SBAC once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track SBAC →

SBAC Dividend Questions

How often does SBAC pay dividends?

SBAC pays quarterly, 4 times a year. Recent payments arrived in Mar, May, Aug and Nov, with ex-dates in Mar, May, Aug and Nov. The ex-date comes about every 87 days, and the cash usually lands about 4 days later.

Does SBAC pay dividends monthly?

No. SBAC pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next SBAC dividend?

SBAC has not declared its next dividend yet. By its usual rhythm of about 87 days between ex-dates, the next ex-date falls around Nov 15, 2026, with the cash around Nov 19, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $1.25 a share, went ex on Aug 20, 2026 and paid Aug 24, 2026. The current rate is $1.25 per share, $5.00 a year.

Does SBAC pay a dividend in November 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Nov 15, 2026, with the cash around Nov 19, 2026, so a payment in November 2026 is likely. Only the company’s declaration makes it final.

How much does SBAC pay per share?

SBAC pays $1.25 a share quarterly, $5.00 a year. At the Nov 10, 2026 close of $189.01 that is a 2.65% run-rate yield, well above its usual level: its own 7-year median is 1.30%.

Has SBAC raised its dividend?

Yes. SBAC has raised its annual dividend 5 years in a row, through 2025. The latest raise, on Mar 13, 2026, took the rate from $1.11 to $1.25 (+12.61%). Over five years the dividend grew 16.6% a year.

Is SBAC’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. SBAC paid out 39% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 5 years in a row and gone 5+ years without a cut. Through the market crashes: it raised the dividend through the 2020 and 2022 crashes. There is no 2000 or 2008 record on file. This is data, not investment advice. The full 11-check rating comes with a plan.

How do I track my SBAC dividends?

Add SBAC to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run SBAC in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 10, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 11 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.