SBA Communications (SBAC) Declares $0.71 Quarterly Dividend; 1.1% Yield

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Go back to SBA Communications (SBAC) Declares $0.71 Quarterly Dividend; 1.1% Yield

SBA Communications Corporation Reports Third Quarter 2022 Results; Updates Full Year 2022 Outlook; and Declares Quarterly Cash Dividend

October 31, 2022 4:01 PM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2022.

Highlights of the third quarter include:

Net income of $99.8 million or $0.91 per share AFFO per share increased 15.1% over the prior year period on a constant currency basis Total revenue of $675.6 million, representing a 14.6% growth over the prior year period On October 11, 2022, we closed on our previously announced deal to purchase 2,632 sites in... More