SBA Communications (SBAC) Declares $0.98 Quarterly Dividend; 1.9% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall St futures subdued as investors weigh earnings, oil prices
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Snowflake soars 20% on earnings beat and raised guidance
- Oil prices hit fresh 6-week highs on renewed Middle East tensions
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
SBA Communications Corporation Reports First Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend
April 29, 2024 4:10 PM EDTBOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended March 31, 2024.
Highlights of the first quarter include:
Net income of $154.5 million or $1.42 per share AFFO per share of $3.29, representing a 5.1% growth over the prior year period Issued a new senior secured Term Loan B and increased and extended the maturity of the senior secured revolving credit facility Repurchased 0.9 million shares cumulatively in the first quarter and... More