AMT — Legacy Ticker · The Veiled Sage

Company — what it does

American Tower Corporation one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.

SectorReal Estate

IndustryREIT - Specialty

Plain trend vs 50 / 200

Last price$175.63

50-day SMA$171.63

200-day SMA$175.35

Vs averagesAbove 50D SMA · Above 200D SMA

Uptrend bias (above 50D & 200D) — Price sits above both the 50-day and 200-day simple moving averages — a classic intermediate uptrend posture. Not a trade signal.

Dividend paycheck vs warning

A dividend is a share of earnings or pass-through cash — it is not a guaranteed paycheck. Cuts happen. High yield is often a warning light (risk priced in), not a safety badge. This name is classified as a REIT: distributions are typically required pass-through cash, so yield alone says little about safety.

Indicated yield3.97%

Dividend safety (heuristic)Adequate (heuristic)

Range, yield & payout streak

52-week high$199.13

52-week low$160.06

Dividend rate (ann.)$6.98

Yield3.97%

Payout ratio (Yahoo)0.960

Payout streak15 years

Based on Yahoo annual dividend totals through 2025 (excludes incomplete 2026).

BDC / cash pass-through vs ordinary dividend

REIT (Real Estate Investment Trust) — a pass-through real-estate vehicle that generally must distribute most taxable income. Payout ratios often look “high” vs ordinary corporates by design. Property cash flow, occupancy, rates, and leverage drive sustainability — not the headline yield alone. Related to, but not identical to, BDC cash pass-through mechanics.

Remember: high yield ≠ safer. Pass-through vehicles (BDC / REIT) can show high distributions by design while carrying credit, rate, or occupancy risk.

Dividend safety rating

RatingAdequate (heuristic)

High yield ≠ safer — elevated yield often prices higher risk or return-of-capital. REITs are pass-through entities that generally must distribute most taxable income; payout ratios can look “high” vs ordinary corporates without meaning the same thing. Payout streak (non-decreasing annual totals): ~15 years.

Dividend history trend (recent payments)

Ex-date (Yahoo)	Amount
2023-10-10	$1.6200
2023-12-27	$1.7000
2024-04-11	$1.6200
2024-06-14	$1.6200
2024-10-09	$1.6200
2024-12-27	$1.6200
2025-04-11	$1.7000
2025-06-13	$1.7000
2025-09-30	$1.7000
2025-12-29	$1.7000
2026-04-14	$1.7900
2026-06-12	$1.7900

Sourced from Yahoo via yfinance. Gaps or missing rows = data unavailable, not zeroes we invented.

Pass-through / BDC mechanics (deeper)

REIT (Real Estate Investment Trust) — a pass-through real-estate vehicle that generally must distribute most taxable income. Payout ratios often look “high” vs ordinary corporates by design. Property cash flow, occupancy, rates, and leverage drive sustainability — not the headline yield alone. Related to, but not identical to, BDC cash pass-through mechanics.

Advanced frame: for ordinary payers, focus on earnings/FCF coverage and balance-sheet flexibility. For REITs, focus on AFFO/FFO trends, occupancy, and debt ladders. For BDCs, focus on NII vs distribution, non-accruals, leverage vs statutory limits, and NAV drift. This page still is not a Crystal Signals entry card — no Counsel fire / manage stamp here.

Trend postureUptrend bias (above 50D & 200D)

Last price / 50D / 200D$175.63 / $171.63 / $175.35

Full company blurb