AMT – Dividend Returns, History & Calculator

Dividend Contender 15 Years

American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications

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Company Info

Symbol AMT
Company American Tower Corporation (REI
Sector Real Estate
Industry REIT - Specialty
Website Visit
Market Cap $83,704.1M

Price Data

Price $179.48
Price Change +0.17
Price Change % +0.09%
Next Earnings Report Apr 28, 2026
Low (52W) $165.08
High (52W) $234.33

Dividend Data

Div Yield 3.79%
5Y Avg Yield 3.14%
Current Div $1.700
Payouts/Year 4
Annualized $6.800
Previous Div $1.700
Ex-date Apr 14, 2026
Dividend Pay Date Apr 28, 2026

Growth Rates

Chowder Number 5.5
DGR 1Y -22.3%
DGR 3Y -5.4%
DGR 5Y 1.7%
DGR 10Y 10.4%

Total Returns

TTR 1Y - With Specials -11.1%
TTR 3Y - With Specials -1.3%
TTR 1Y - No Specials -11.1%
TTR 3Y - No Specials -1.3%

Fair Value

Fair Value (P/E 10) $195.76
FV (P/E 10) % -8.0%
Fair Value (Peter Lynch) $135.00
FV (Peter Lynch) % 33.0%
Fair Value (Blended) $223.54
FV (Blended) % -20.0%

Financial Metrics

Revenue 1Y 5.1%
NPM 23.8%
CF/Share $11.72
ROE 26.3%
Current R 0.4x
Debt/Capital 92.0%
ROTC 5.6%
P/E 33.2x
P/BV 22.9x
PEG 4.64
📊 Financial data last updated: April 13, 2026 1:58 pm

Calculate your AMT Dividend Returns

Quickly and easily calculate AMT dividend yield using our AMT calculator. Adjust the fields below to see how your AMT investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: April 15, 2026 8:58 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00057$176.41$1.794.06%4.06%$443$44366$11,643
2$12,25366$185.65$2.024.36%4.58%$576$1,01876$14,028
3$14,76376$195.37$2.284.67%5.18%$738$1,75685$16,701
4$17,57685$205.61$2.585.02%5.85%$937$2,69396$19,712
5$20,74596$216.38$2.915.38%6.60%$1,181$3,873107$23,125
6$24,337107$227.71$3.295.78%7.46%$1,481$5,354119$27,018
7$28,433119$239.64$3.726.20%8.42%$1,852$7,206131$31,485
8$33,134131$252.19$4.206.66%9.51%$2,312$9,518145$36,645
9$38,565145$265.40$4.747.14%10.75%$2,884$12,402161$42,649
10$44,883161$279.30$5.357.67%12.14%$3,599$16,001178$49,682

AMT Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
04/14/202604/14/2026$1.793.91%4.06%$176.41
12/29/202512/29/2025$1.703.87%3.87%$175.83
09/30/202509/30/2025$1.703.49%3.54%$192.32
06/13/202506/13/2025$1.703.09%3.17%$214.80
04/11/202504/11/2025$1.703.08%3.19%$213.22
12/27/202412/27/2024$1.623.56%3.56%$181.87
10/09/202410/09/2024$1.622.97%2.94%$220.78
06/14/202406/14/2024$1.623.33%3.29%$197.03
04/11/202404/11/2024$1.623.64%3.63%$178.64
12/27/202312/27/2023$1.702.98%3.14%$216.72
10/10/202310/10/2023$1.623.98%4.09%$158.56
06/15/202306/15/2023$1.573.17%3.23%$194.27
04/13/202304/13/2023$1.562.86%2.96%$210.81
12/27/202212/27/2022$1.562.78%2.96%$210.90
10/07/202210/07/2022$1.472.92%3.02%$194.63
06/16/202206/16/2022$1.432.36%2.44%$234.18
04/12/202204/12/2022$1.402.09%2.18%$257.18
12/23/202112/23/2021$1.391.87%1.99%$278.74
09/27/202109/27/2021$1.311.84%1.91%$274.10
06/17/202106/17/2021$1.271.80%1.88%$269.51
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Invest in AMT with Interactive Brokers

AMT 10-yr Total Return ($10,000 invested)

This analysis of AMT demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 7.9% CAGR, representing moderate long-term performance. The DRIP strategy provided 21% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (AMT)

Over the selected period, investing $10,000 in AMT would grow to $27,906 with DRIP (179.1%), and $26,782 without DRIP (167.8%).

AMT Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in AMT with historic price growth (5.24%) and dividend growth (12.94%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $289,713

Annual Dividend: $48,315

Yield on Cost: 142.10%

Total Dividends: $175,635

No DRIP

Portfolio: $139,778

Total Dividends: $70,180

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $4,476,611

Annual Dividend: $1,513,282

Yield on Cost: 3,289.74%

Total Dividends: $3,657,485

No DRIP

Portfolio: $433,805

Total Dividends: $302,152

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $32,526 against a total investment of $25,600. At this point, your portfolio is throwing off $8,277 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $21,744, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $175,635 versus $34,000 invested, nearly a 517% recovery of capital purely from income. Yield on cost reaches 142.10%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $225,065 is greater than total contributions to date ($40,000), and cumulative dividends exceed $690,350.

By year 30, the DRIP snowball is in full force. Yearly income reaches $1,513,282, cumulative dividends total $3,657,485, and the DRIP portfolio value stands at $4,476,611, compared with $433,805 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for AMT, price $176.41, dividend per period $1.79 (4x/year), along with historic growth assumptions: price growth 5.24% and dividend growth 12.94% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for AMT

Based on past 10-year performance, here are AMT growth metrics:

Share price CAGR of +8.20%
Dividend CAGR of +14.15%

Using AMT CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

AMT (DRIP)AMT (No DRIP)
Current Price$176.50$176.50
Start Shares56.6656.66
Start Value$10,000$10,000
After 10 years:
Final Share Count94.3456.66
Dividends Payment$25.55$25.55
Annual Dividends$2,261$1,447
Yield on cost22.61%14.47%
Share Price$388.10$388.10
Total Dividends$11,225$8,568
Final Value$36,613$30,556

Estimated Future Value + Dividends – AMT

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

AMT Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
04/14/202604/14/2026$1.793.91%4.06%$176.41
12/29/202512/29/2025$1.703.87%3.87%$175.83
09/30/202509/30/2025$1.703.49%3.54%$192.32
06/13/202506/13/2025$1.703.09%3.17%$214.80
04/11/202504/11/2025$1.703.08%3.19%$213.22
12/27/202412/27/2024$1.623.56%3.56%$181.87
10/09/202410/09/2024$1.622.97%2.94%$220.78
06/14/202406/14/2024$1.623.33%3.29%$197.03
04/11/202404/11/2024$1.623.64%3.63%$178.64
12/27/202312/27/2023$1.702.98%3.14%$216.72
10/10/202310/10/2023$1.623.98%4.09%$158.56
06/15/202306/15/2023$1.573.17%3.23%$194.27
04/13/202304/13/2023$1.562.86%2.96%$210.81
12/27/202212/27/2022$1.562.78%2.96%$210.90
10/07/202210/07/2022$1.472.92%3.02%$194.63
06/16/202206/16/2022$1.432.36%2.44%$234.18
04/12/202204/12/2022$1.402.09%2.18%$257.18
12/23/202112/23/2021$1.391.87%1.99%$278.74
09/27/202109/27/2021$1.311.84%1.91%$274.10
06/17/202106/17/2021$1.271.80%1.88%$269.51
04/12/202104/12/2021$1.241.94%2.05%$241.50
12/24/202012/24/2020$1.212.07%2.21%$218.65
09/25/202009/25/2020$1.141.81%1.90%$239.81
06/18/202006/18/2020$1.101.61%1.71%$257.60
04/13/202004/13/2020$1.081.59%1.73%$249.76
12/26/201912/26/2019$1.011.66%1.77%$227.87
09/26/201909/26/2019$0.9501.62%1.70%$223.00
06/18/201906/18/2019$0.9201.61%1.72%$214.39
04/10/201904/10/2019$0.9001.68%1.83%$196.62
12/26/201812/26/2018$0.8402.00%2.13%$157.53
09/27/201809/27/2018$0.7902.10%2.20%$143.39
06/18/201806/18/2018$0.7702.08%2.23%$138.23
04/10/201804/10/2018$0.7502.00%2.18%$137.40
12/27/201712/27/2017$0.7001.85%1.98%$141.56
09/28/201709/28/2017$0.6601.84%1.94%$136.10
06/15/201706/15/2017$0.6401.83%1.96%$130.87
04/10/201704/10/2017$0.6201.86%2.02%$122.48
12/23/201612/23/2016$0.5802.05%2.19%$106.03
09/28/201609/28/2016$0.5501.85%1.95%$112.63
06/15/201606/15/2016$0.5301.86%1.98%$107.23
04/08/201604/08/2016$0.5101.80%1.93%$105.71
12/14/201512/14/2015$0.4901.92%2.08%$94.04
09/21/201509/21/2015$0.4601.88%2.04%$90.39
06/15/201506/15/2015$0.4401.73%1.91%$92.26
04/08/201504/08/2015$0.4201.55%1.74%$96.53
12/12/201412/12/2014$0.3801.42%1.54%$98.58
09/19/201409/19/2014$0.3601.38%1.51%$95.16
06/13/201406/13/2014$0.3401.39%1.54%$88.44
04/08/201404/08/2014$0.3201.42%1.57%$81.50
12/12/201312/12/2013$0.2901.43%1.51%$76.69
09/19/201309/19/2013$0.2801.40%1.50%$74.82
06/13/201306/13/2013$0.2701.31%1.41%$76.48
04/08/201304/08/2013$0.2601.20%1.32%$79.00
12/13/201212/13/2012$0.2401.18%1.26%$76.09
09/27/201209/27/2012$0.2301.42%1.29%$71.06
06/28/201206/28/2012$0.2201.12%1.26%$69.68
04/09/201204/09/2012$0.2100.90%1.35%$62.30
12/08/201112/08/2011$0.3500.61%2.42%$57.82
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

AMT Price

Price to Earnings

AMT trades at a 103.0x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

AMT trades at a 30.9x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

AMT generated $2.7B in revenue.

Net Income

AMT reported $0.8B in net income. Net income has grown by 86% over the period.

Revenue vs Net Income

AMT generated $2.7B in revenue with net income of $0.8B, representing a 30.0% net profit margin.

Gross Profit

AMT achieved $2.1B in gross profit, showing revenue after direct production costs.

Operating Income

AMT generated $1.0B in operating income, representing profit from core business operations.

EBITDA

AMT generated $1.1B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

AMT generated $0.9B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

AMT generated $0.8B in free cash flow. Free cash flow has increased by 105% over the period.

Free Cash Flow / Share

AMT generates $1.82 in free cash flow per share. FCF per share has grown by 105% over the period.

Earnings Per Share (EPS)

AMT reported $1.76 in earnings per share. EPS has grown by 86% over the period.

Return on Equity (ROE)

AMT delivered a 25.0% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

AMT achieved a 15.0% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

AMT maintains a 30.0% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

AMT operates with a 77.7% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

AMT holds $0.4B in cash against $0.1B in debt, resulting in a net cash position of $0.3B.

Shares Outstanding

AMT has 0.5B shares outstanding.

Stock-Based Comp

AMT reported $0.1B in stock-based compensation.

FCF vs Stock Based Comp

AMT generated $0.8B in free cash flow while spending $0.1B on stock-based compensation, representing 8% of FCF.

FCF vs FCF / Share

AMT reported $0.8B in free cash flow, translating to $1.82 per share.

Revenue: Actual + Estimates

This chart tracks AMT revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks AMT eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks AMT net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks AMT ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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