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SBA Communications dividend history

SBA Communications paid $479m in dividends in fiscal 2025. That was 45.5% of net income.

Dividends, buybacks and capital spending

Dividends (TTM)
$505M
Buybacks, last 3 fiscal years
$798M
Diluted share count
−1.2%
year over year
Total shareholder yield
2.6%
dividends 2.6% + buybacks 0.0% of market value
Dividend payout ratio
51%
of net income paid out
Sales & admin spending
10.0%
of revenue
Days sales outstanding
22 days
receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Dividends paid——————————83208254307370424479505
Share buybacks52107225———450546855796467859583432100200498—
Dividends ÷ net income——————————56.7%861.6%106.7%66.5%73.7%56.6%45.5%51.0%
Dividends ÷ free cash flow——————————10.2%20.8%24.0%28.6%28.3%38.3%44.9%48.8%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from SBA Communications's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to SBA Communications.