AMT Stock Recent News

AMT's recent dividend hike portrays the company's operational strength and commitment to rewarding its shareholders handsomely.

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors has declared a quarterly cash distribution of $1.70 per share on shares of the Company's common stock. The distribution is payable on April 28, 2025 to the stockholders of record at the close of business on April 11, 2025. About American Tower American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a.

In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.

American Tower AMT, a prominent independent owner, operator and developer of multitenant communications real estate, reported its fourth-quarter and full-year 2024 results last week.  This tower REIT experienced steady growth in its core tower leasing business but faced headwinds from unfavorable foreign exchange impacts and churn.

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it is scheduled to present at the Deutsche Bank 33rd Annual Media, Internet and Telecom Conference on Monday, March 10, 2025 at 1:50 p.m. ET in Palm Beach, Florida. A live webcast and replay of the presentation will be accessible from the Investor Relations section of American Tower's website at www.americantower.com/investor-relations. American Tower, one of the largest global REITs, is a leading independent o.

SPY stumbles in February, erasing some of its year-to-date gains. VYM is running strong and extends its lead over SPY in 2025. The top 10 stocks on the watchlist for March 2025 offer a 3.56% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 16.53% since its inception in November 2020.

I emphasize the importance of nonpartisan economic and investment analysis, highlighting how political biases can distort market expectations and investment decisions. Medicaid cuts would likely have little impact on skilled nursing facility REITs, and the current selloff presents a buying opportunity for CareTrust REIT. Single-family rental REITs face challenges from high home prices and mortgage rates, but offer quality rental homes and professional management.

AMT's new management has delivered as promised, as observed in the sustained organic growth, expanded profit margins, and healthier balance sheet. Thanks to the robust performance metrics, it is unsurprising that the management has offered a promising FY2025 guidance. This is on top of the long awaited dividend hike, with the earmarked $3.2B implying a potential hike by +4.9% to an annualized payout of $6.83 in 2025.

American Tower Corporation saw a 6.1% stock price increase after reporting strong Q4 2024 results, with revenue and FFO exceeding analysts' expectations. Despite a 10.5% decline since my October 2024 'buy' recommendation, I remain optimistic about American Tower's long-term prospects, especially its data center growth. Management plans $1.7 billion in capital expenditures for 2025, focusing on growth initiatives, including $600 million for data center campuses.

Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas pipelines benefited from data center and AI trends. Over 80% of portfolio holdings increased dividends annually over the past 5 years, surpassing the large-cap dividend-paying universe.