American Tower Corp /Ma/ (AMT) Dividend Coverage Ratio (2012 - 2024)
American Tower's Dividend Coverage Ratio came in at 1.19 for Q2 2024, up 81.9% from 0.65 a year earlier and up 4.0% from the prior quarter.
American Tower Corp /Ma/ (AMT) Dividend Coverage Ratio (2012 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, American Tower reported Dividend Coverage Ratio of 0.82, up 137.4% year-over-year; for FY2023, it was 0.50, down 25.1% from FY2022.
- Going back by year, Dividend Coverage Ratio was 0.67 in FY2022 (-40.6%), 1.13 in FY2021 (+29.0%), 0.88 in FY2020 (-25.5%) and 1.18 in FY2019 (+27.0%).
- The Q2 2024 figure represents the highest quarterly Dividend Coverage Ratio since Q3 2022.
- Year-over-year, Dividend Coverage Ratio increased in three of the last six quarters, with growth averaging 14.0%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q1 2024 (growth of 149.9%), and the weakest in Q1 2023 (a decline of 58.8%).
- Business Quant data shows AMT's Dividend Coverage Ratio at 1.14 (Q1 2024), 0.11 (Q4 2023) and 0.80 (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.19 |
| Mar 31, 2024 | 1.14 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | -1.00 |
| Sep 30, 2022 | 1.26 |
| Jun 30, 2022 | 1.41 |
| Mar 31, 2022 | 1.11 |
| Dec 31, 2021 | 0.74 |
| Sep 30, 2021 | 1.25 |
| Jun 30, 2021 | 1.35 |
| Mar 31, 2021 | 1.18 |
| Dec 31, 2020 | 0.72 |
| Sep 30, 2020 | 0.95 |
| Jun 30, 2020 | 0.93 |
| Mar 31, 2020 | 0.91 |
| Dec 31, 2019 | 1.34 |
| Sep 30, 2019 | 1.22 |
American Tower Corp /Ma/ Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();