DIVIDEND ANNOUNCEMENT: Cl A/SBA Communications Corp (New) (NASDAQ:SBAC) on 05/01/2023 declared a dividend of $0.8500 per share

Cl A/SBA Communications Corp (New) (NASDAQ:SBAC) on 05/01/2023 declared a dividend of $ 0.8500 per share payable on June 21, 2023 to shareholders of record as of May 26, 2023.

Cl A/SBA Communications Corp (New) (NASDAQ:SBAC) has paid dividends since 1970, has a current dividend yield of 1.3032312393% and has increased its dividends for 3 successive years.

Cl A/SBA Communications Corp (New)'s market cap is $ 28,186,294,710 and has a PE ratio of 61.82. The stock price closed yesterday at $ 260.89 and has a 52 week low/high of $ 236.20 and $ 358.05.

SBA Communications is a holding company. Through its subsidiaries, Co. owns and operates wireless communications infrastructure, including tower structures, rooftops, and other structures used for wireless communications, which it collectively refers to as towers or sites. Co.'s main business line is its site leasing business, in which it leases antenna space to wireless service providers on towers that it owns or operates and manages rooftop and tower sites for property owners under various contractual arrangements. Co.'s other business line is its site development business, through which it helps wireless service providers in developing and maintaining their own wireless service networks.

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