American Tower Corporation

AMT
Real Estate
$165.04
3.65%Undervalued

American Tower Corporation (AMT) is a Real Estate company that currently yields 3.65% — historically undervalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $175.95 and the overvaluation threshold at $306.76. American Tower Corporation holds a quality score of 25/100 (Risky), reflecting 14 consecutive years of dividend growth with a 82% payout ratio. The 5-year dividend CAGR stands at -13.1%.

AMT Dividend Yield History — Weiss Valuation

Underval. $175.95Overval. $306.76

Distance to undervalued

In undervalued territory

Price sits 6.2% 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

$175.95

Current yield

3.65%

Research checklist

What to clear before buying the yield

Updated Jul 9, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

82%

Coverage deserves a closer look in filings.

Cash payout

70%

Free cash flow coverage supports the payment.

Dividend growth

-13.1%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-07-082026-07-09

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

American Tower Corporation is trading near its historical undervaluation band.

Current yield 3.6% vs historical max 3.3% (109% of maximum).

Recent dividend history shows no sustained growth streak.

Elevated payout ratio of 82%.

What matters now

Read the signal before the headline yield

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

The 25/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

AMT Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$365

Year 10 Income

$504

Yield on Cost

5.22%

Total Income

$4,308

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

Track actual vs. projected

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More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

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AMT Dividend Quality Score

Quality Score

25/ 100

Risky

Payout Ratio5/25
Dividend Streak0/25
Growth (CAGR 5Y)0/20
Yield vs History15/15
FCF Coverage5/15

Key Metrics

Current Price$165.04
Annual Dividend$6.02
Current Yield3.65%
Yield — Max (10Y)3.33%
Yield — Min (10Y)1.81%
Undervalued Below$175.95
Overvalued Above$306.76
Payout Ratio82.26%
CAGR Dividend 5Y-13.1%
CAGR Dividend 10Y3.6%
Years No Cut
In the buy zone

AMT is historically undervalued. Ready to add it to your portfolio?

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14
consecutive years of dividend growth