On September 20, 2023, SBA Comms SBAC will distribute a dividend payout of $0.85 per share, equating to an annualized dividend yield of 1.55%. Shareholders who owned the stock before the ex-dividend date on August 23, 2023 will receive this payout.
SBA Comms Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-23 | 4 | $0.85 | 1.55% | 2023-07-31 | 2023-08-24 | 2023-09-20 |
| 2023-05-25 | 4 | $0.85 | 1.3% | 2023-05-01 | 2023-05-26 | 2023-06-21 |
| 2023-03-09 | 4 | $0.85 | 1.21% | 2023-02-21 | 2023-03-10 | 2023-03-24 |
| 2022-11-16 | 4 | $0.71 | 1.05% | 2022-10-31 | 2022-11-17 | 2022-12-15 |
| 2022-08-24 | 4 | $0.71 | 0.85% | 2022-08-01 | 2022-08-25 | 2022-09-20 |
| 2022-05-18 | 4 | $0.71 | 0.78% | 2022-04-25 | 2022-05-19 | 2022-06-14 |
| 2022-03-09 | 4 | $0.71 | 0.93% | 2022-02-28 | 2022-03-10 | 2022-03-25 |
| 2021-11-17 | 4 | $0.58 | 0.67% | 2021-11-01 | 2021-11-18 | 2021-12-16 |
| 2021-08-25 | 4 | $0.58 | 0.68% | 2021-08-02 | 2021-08-26 | 2021-09-23 |
| 2021-05-19 | 4 | $0.58 | 0.78% | 2021-04-26 | 2021-05-20 | 2021-06-15 |
| 2021-03-09 | 4 | $0.58 | 0.89% | 2021-02-22 | 2021-03-10 | 2021-03-26 |
| 2020-11-18 | 4 | $0.47 | 0.64% | 2020-11-02 | 2020-11-19 | 2020-12-17 |
Analyzing SBA Comms Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.86 in 2020 to $2.84 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For SBA Comms
The earnings chart above shows that from 2020 to 2022, SBA Comms has experienced an increase in their earnings from $1.20 per share to $3.71 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article takes an in-depth look at SBA Comms's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.85 per share today, translating to an annualized dividend yield of 1.55%.
The increase in both dividend per share and earnings per share from 2020 to 2022 for SBA Comms indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
[Monitor live stock price updates for SBA Comms on Benzinga.](https://www.benzinga.com/quote/SBA Comms (NASDAQ: SBAC))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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