American Tower Corp (AMT) Offers Investors Notable Dividend Yield

As of Tuesday’s trading session, American Tower Corp (Symbol: AMT) was providing investors with a dividend yield of over 3%. The stock, which has an annualized dividend of $6.48, traded as low as $211.55 during the day. Dividends are a crucial factor for investors since they have historically constituted a significant portion of stock market returns. For instance, if you had bought shares of the S&P 500 ETF (SPY) on December 31, 1999, at $146.88 per share, by December 31, 2012, those shares would be worth only $142.41. That translates to a decline of $4.67 per share over that period. However, the dividends collected amounted to a notable $25.98 per share, resulting in a total return of 23.36%. Even when dividends are reinvested, the average annual total return stands at about 1.6%. In light of this, a yield above 3% seems quite attractive, assuming it remains sustainable. Notably, American Tower Corp (Symbol: AMT) holds a place in the S&P 500 Index, highlighting its status as a large-cap company.

Dividend amounts can fluctuate, reflecting the profitability of each company. By reviewing AMT’s dividend history chart, investors can gauge whether the latest dividend is likely to persist, making it easier to assess whether a sustainable 3% annual yield is within reach.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.