American Tower Corporation is a real estate investment trust (REIT), and is an 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. Its segments include U.S. & Canada property, Asia-Pacific property, Africa property, Europe property, Latin America property, Data Centers and Services. The Company’s primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. Its Data Centers segment relates to data center facilities and related assets that it owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural and mount analyses, and construction management.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 27.70.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 94.03%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 94.03%.
Fairly Valued
The company’s latest PE is 70.32, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 446.34M shares, decreasing 1.40% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 62.60M shares of this stock.