SBA Communications (SBAC) Declares $1.11 Quarterly Dividend; 2% Yield

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SBA Communications Corporation Reports First Quarter 2025 Results; Updates Full Year 2025 Outlook; and Declares Quarterly Cash Dividend

April 28, 2025 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 March 31, 2025.

Highlights of the first quarter include:

Net income of $189.0 million or $1.77 per share Industry-leading AFFO per share of $3.18 Repurchased 583 thousand shares subsequent to quarter end New $1.5 billion share repurchase authorization approved by Board of Directors

In addition, the Company announced today that its Board of Directors has declared a quarterly cash... More