American Tower (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.
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Analysis
American Tower (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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | - |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 0.20 |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | - |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 0.99 |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | - |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 0.38 |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | - |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | - |
Historic Data
Download Data
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 |
API Access
American Tower 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_KEYimport 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();