SBAC – Dividend Returns, History & Calculator
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 44,500 communications s
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Total Returns
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Financial Metrics
Calculate your SBAC Dividend Returns
Quickly and easily calculate SBAC dividend yield using our SBAC calculator. Adjust the fields below to see how your SBAC investments snowball over time.
Portfolio Growth Over Time
Data last updated: December 3, 2025 5:12 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 54 | $185.58 | $1.11 | 2.39% | 2.39% | $259 | $259 | 62 | $11,459 |
| 2 | $12,101 | 62 | $195.97 | $1.24 | 2.53% | 2.67% | $328 | $587 | 70 | $13,629 |
| 3 | $14,392 | 70 | $206.94 | $1.38 | 2.67% | 2.98% | $409 | $996 | 77 | $16,001 |
| 4 | $16,897 | 77 | $218.53 | $1.54 | 2.82% | 3.33% | $504 | $1,500 | 85 | $18,600 |
| 5 | $19,642 | 85 | $230.76 | $1.72 | 2.99% | 3.71% | $616 | $2,116 | 93 | $21,457 |
| 6 | $22,659 | 93 | $243.68 | $1.92 | 3.16% | 4.14% | $747 | $2,863 | 101 | $24,606 |
| 7 | $25,984 | 101 | $257.32 | $2.15 | 3.34% | 4.63% | $903 | $3,766 | 109 | $28,087 |
| 8 | $29,659 | 109 | $271.73 | $2.40 | 3.53% | 5.16% | $1,086 | $4,852 | 118 | $31,945 |
| 9 | $33,734 | 118 | $286.94 | $2.67 | 3.73% | 5.76% | $1,303 | $6,155 | 126 | $36,237 |
| 10 | $38,265 | 126 | $303.01 | $2.98 | 3.94% | 6.43% | $1,559 | $7,714 | 135 | $41,025 |
SBAC Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 11/13/2025 | 11/13/2025 | $1.11 | 2.29% | 2.29% | $193.95 |
| 08/21/2025 | 08/21/2025 | $1.11 | 1.95% | 2.01% | $220.89 |
| 05/22/2025 | 05/22/2025 | $1.11 | 1.83% | 1.95% | $228.27 |
| 03/13/2025 | 03/13/2025 | $1.11 | 1.89% | 2.07% | $214.56 |
| 11/14/2024 | 11/14/2024 | $0.980 | 1.79% | 1.79% | $218.47 |
| 08/22/2024 | 08/22/2024 | $0.980 | 1.74% | 1.80% | $218.37 |
| 05/22/2024 | 05/22/2024 | $0.980 | 1.89% | 2.02% | $193.77 |
| 03/13/2024 | 03/13/2024 | $0.980 | 1.61% | 1.78% | $219.80 |
| 11/15/2023 | 11/15/2023 | $0.850 | 1.45% | 1.45% | $233.85 |
| 08/23/2023 | 08/23/2023 | $0.850 | 1.48% | 1.54% | $220.27 |
| 05/25/2023 | 05/25/2023 | $0.850 | 1.41% | 1.53% | $221.70 |
| 03/09/2023 | 03/09/2023 | $0.850 | 1.22% | 1.39% | $243.77 |
| 11/16/2022 | 11/16/2022 | $0.710 | 0.96% | 0.96% | $296.02 |
| 08/24/2022 | 08/24/2022 | $0.710 | 0.81% | 0.85% | $332.97 |
| 05/18/2022 | 05/18/2022 | $0.710 | 0.82% | 0.90% | $314.09 |
| 03/09/2022 | 03/09/2022 | $0.710 | 0.75% | 0.87% | $326.19 |
| 11/17/2021 | 11/17/2021 | $0.580 | 0.66% | 0.66% | $350.29 |
| 08/25/2021 | 08/25/2021 | $0.580 | 0.63% | 0.66% | $349.58 |
| 05/19/2021 | 05/19/2021 | $0.580 | 0.72% | 0.80% | $288.39 |
| 03/09/2021 | 03/09/2021 | $0.580 | 0.80% | 0.94% | $247.97 |
SBAC 10-yr Total Return ($10,000 invested)
This analysis of SBAC demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment.
Total Return with and without DRIP (SBAC)
Over the selected period, investing $10,000 in SBAC would grow to $8,603 with DRIP (-14.0%), and $8,714 without DRIP (-12.9%).
SBAC Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in SBAC with historic price growth (5.60%) and dividend growth (11.61%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $145,638
Annual Dividend: $10,549
Yield on Cost: 31.03%
Total Dividends: $53,520
Portfolio: $107,979
Total Dividends: $34,695
After 30 Years
Your Investment: $46,000
Portfolio: $648,084
Annual Dividend: $81,677
Yield on Cost: 177.56%
Total Dividends: $367,461
Portfolio: $275,917
Total Dividends: $133,574
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $14,219 against a total investment of $25,600. At this point, your portfolio is throwing off $3,003 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 $6,101, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $53,520 versus $34,000 invested, nearly a 157% recovery of capital purely from income. Yield on cost reaches 31.03%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $27,821 is greater than total contributions to date ($40,000), and cumulative dividends exceed $136,395.
By year 30, the DRIP snowball is in full force. Yearly income reaches $81,677, cumulative dividends total $367,461, and the DRIP portfolio value stands at $648,084, compared with $275,917 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for SBAC, price $185.58, dividend per period $1.11 (4x/year), along with historic growth assumptions: price growth 5.60% and dividend growth 11.61% 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 SBAC
Based on past 10-year performance, here are SBAC growth metrics:
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.
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 Payments & Yield
Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.
SBAC Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 11/13/2025 | 11/13/2025 | $1.11 | 2.29% | 2.29% | $193.95 |
| 08/21/2025 | 08/21/2025 | $1.11 | 1.95% | 2.01% | $220.89 |
| 05/22/2025 | 05/22/2025 | $1.11 | 1.83% | 1.95% | $228.27 |
| 03/13/2025 | 03/13/2025 | $1.11 | 1.89% | 2.07% | $214.56 |
| 11/14/2024 | 11/14/2024 | $0.980 | 1.79% | 1.79% | $218.47 |
| 08/22/2024 | 08/22/2024 | $0.980 | 1.74% | 1.80% | $218.37 |
| 05/22/2024 | 05/22/2024 | $0.980 | 1.89% | 2.02% | $193.77 |
| 03/13/2024 | 03/13/2024 | $0.980 | 1.61% | 1.78% | $219.80 |
| 11/15/2023 | 11/15/2023 | $0.850 | 1.45% | 1.45% | $233.85 |
| 08/23/2023 | 08/23/2023 | $0.850 | 1.48% | 1.54% | $220.27 |
| 05/25/2023 | 05/25/2023 | $0.850 | 1.41% | 1.53% | $221.70 |
| 03/09/2023 | 03/09/2023 | $0.850 | 1.22% | 1.39% | $243.77 |
| 11/16/2022 | 11/16/2022 | $0.710 | 0.96% | 0.96% | $296.02 |
| 08/24/2022 | 08/24/2022 | $0.710 | 0.81% | 0.85% | $332.97 |
| 05/18/2022 | 05/18/2022 | $0.710 | 0.82% | 0.90% | $314.09 |
| 03/09/2022 | 03/09/2022 | $0.710 | 0.75% | 0.87% | $326.19 |
| 11/17/2021 | 11/17/2021 | $0.580 | 0.66% | 0.66% | $350.29 |
| 08/25/2021 | 08/25/2021 | $0.580 | 0.63% | 0.66% | $349.58 |
| 05/19/2021 | 05/19/2021 | $0.580 | 0.72% | 0.80% | $288.39 |
| 03/09/2021 | 03/09/2021 | $0.580 | 0.80% | 0.94% | $247.97 |
| 11/18/2020 | 11/18/2020 | $0.465 | 0.62% | 0.62% | $298.52 |
| 08/24/2020 | 08/24/2020 | $0.465 | 0.59% | 0.62% | $301.52 |
| 05/27/2020 | 05/27/2020 | $0.465 | 0.55% | 0.61% | $302.89 |
| 03/09/2020 | 03/09/2020 | $0.465 | 0.46% | 0.70% | $264.71 |
| 11/20/2019 | 11/20/2019 | $0.370 | 0.31% | 0.61% | $240.75 |
| 08/27/2019 | 08/27/2019 | $0.370 | 0.14% | 0.56% | $264.84 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
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.
Share Price
Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.
Price to Earnings
SBAC trades at a 92.2x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
SBAC trades at a 29.8x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
SBAC generated $0.7B in revenue. Revenue has grown by 27% over the period.
Net Income
SBAC reported $0.2B in net income. Net income has grown by 299% over the period.
Revenue vs Net Income
SBAC generated $0.7B in revenue with net income of $0.2B, representing a 32.3% net profit margin.
Gross Profit
SBAC achieved $0.6B in gross profit, showing revenue after direct production costs.
Operating Income
SBAC generated $0.3B in operating income, representing profit from core business operations.
EBITDA
SBAC generated $0.3B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
SBAC generated $0.3B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
SBAC generated $0.2B in free cash flow. Free cash flow has increased by 413% over the period.
Free Cash Flow / Share
SBAC generates $2.32 in free cash flow per share. FCF per share has grown by 413% over the period.
Earnings Per Share (EPS)
SBAC reported $2.22 in earnings per share. EPS has grown by 299% over the period.
Return on Equity (ROE)
SBAC delivered a 27.0% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
SBAC achieved a 16.2% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
SBAC maintains a 32.3% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
SBAC operates with a 75.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
SBAC holds $0.1B in cash against $0.0B in debt, resulting in a net cash position of $0.1B.
Shares Outstanding
SBAC has 0.1B shares outstanding.
Stock-Based Comp
SBAC reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 27%.
FCF vs Stock Based Comp
SBAC generated $0.2B in free cash flow while spending $0.0B on stock-based compensation, representing 7% of FCF.
FCF vs FCF / Share
SBAC reported $0.2B in free cash flow, translating to $2.32 per share.
Revenue: Actual + Estimates
This chart tracks SBAC revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks SBAC eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks SBAC net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks SBAC ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
