American Tower Corporation

AMT
Real Estate
$165.36
3.64%Undervalued

American Tower Corporation (AMT) is a Real Estate company that currently yields 3.64% — historically undervalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $174.63 and the overvaluation threshold at $306.76. American Tower Corporation holds a quality score of 15/100 (Risky), reflecting 14 consecutive years of dividend growth with a 96% payout ratio. The 5-year dividend CAGR stands at -13.1%.

AMT Dividend Yield History — Weiss Valuation

Underval. $174.63Overval. $306.76

Distance to undervalued

In undervalued territory

Price sits 5.3% below the Weiss buy zone ceiling

The current yield already clears the historical undervaluation threshold. The next question is whether the dividend quality and payout profile deserve that higher yield.

Zone ceiling

$174.63

Current yield

3.64%

Research checklist

What to clear before buying the yield

Updated Oct 7, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

96%

Coverage deserves a closer look in filings.

Cash payout

114%

Confirm cash conversion and one-off effects.

Dividend growth

-13.1%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-10-06 → 2026-10-07

Price

+1.3%

$163.24 → $165.36

Price rose 1.3% since the prior snapshot.

Why Now?

American Tower Corporation is trading near its historical undervaluation band.

Current yield 3.6% vs historical max 3.4% (107% of maximum).

Recent dividend history shows no sustained growth streak.

Elevated payout ratio of 96%.

What matters now

Read the signal before the headline yield

Valuation is the invitation here: the yield is elevated versus its own history.

The 15/100 quality score says the headline yield needs extra skepticism.

Free cash flow payout is above 100%, so cash coverage is the first risk to unpack.

AMT Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$364

Year 10 Income

$502

Yield on Cost

5.21%

Total Income

$4,299

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

See what AMT dividends you actually received with Sharesight

Dividend income log · Yield on cost · DRIP cost basis · Tax reports

→

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

Sharesight ↗

AMT Dividend Quality Score

Quality Score

15/ 100

Risky

Payout Ratio0/25
Dividend Streak0/25
Growth (CAGR 5Y)0/20
Yield vs History15/15
FCF Coverage0/15

Key Metrics

Current Price$165.36
Annual Dividend$6.02
Current Yield3.64%
Yield — Max (10Y)3.39%
Yield — Min (10Y)1.82%
Undervalued Below$174.63
Overvalued Above$306.76
Payout Ratio96.01%
CAGR Dividend 5Y-13.1%
CAGR Dividend 10Y3.6%
Years No Cut—
Historically elevated yield

AMT has an undervalued Weiss signal. Review the risks and current trading costs before acting.

Check eToro terms and availability →
Fractional sharesFees vary by countryCapital at risk

DividendVisual may earn a commission if you open an account via this link, at no cost to you. Capital at risk. Not financial advice.

14
consecutive years of dividend growth