American Tower (AMT) Shares Cross 3% Yield Mark | U.S. Finance News
Looking on the universe of stocks we cowl at Dividend Channel, in trading on Tuesday, shares of American Tower Corp (Symbol: AMT) had been yielding above the three% mark based mostly on its quarterly dividend (annualized to $6.48), with the stock altering arms as low as $211.55 on the day. Dividends are significantly important for buyers to think about, as a result of traditionally talking dividends have offered a appreciable share of the stock market’s complete return. To illustrate, suppose for instance you bought shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you’d have paid $146.88 per share. Fast ahead to 12/31/2012 and every share was value $142.41 on that date, a lower of $4.67/share over all these years. But now think about that you just collected a whopping $25.98 per share in dividends over the identical period, for a constructive complete return of 23.36%. Even with dividends reinvested, that solely quantities to an average annual complete return of about 1.6%; so by comparability accumulating a yield above 3% would seem significantly enticing if that yield is sustainable. American Tower Corp (Symbol: AMT) is an S&P 500 company, giving it particular standing as one of the large-cap firms making up the S&P 500 Index.
In normal, dividend quantities will not be all the time predictable and have a tendency to observe the ups and downs of profitability at every company. In the case of American Tower Corp, trying on the historical past chart for AMT beneath can help in judging whether or not the newest dividend is more likely to proceed, and in flip whether or not it’s a affordable expectation to count on a 3% annual yield.
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Ross Stores market cap historyThe views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
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