SBA Communications raises dividend after strong Q4

Tuesday 23 February 2021 | 11:10 CET | News
Towers operator SBA Communications lifted its quarterly dividend by 25 percent after reporting a strong set of fourth quarter results and in-line figures for the full year, both boosted by better customer activity. The company said it should see another increase in operational activity and demand for infrastructure in the second half, continuing for years after that. The company said it bought back 1.8 million shares in the quarter and that it intends to produce further material growth in its AFFO per share and shareholder return in the future.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: SBA Communications
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


SBA raises FY guidance after Verizon deal, strong Q1 results

Published 27 Apr 2021 10:18 CET | United States
SBA Communications has raised its full-year outlook following its recent contract with Verizon and a strong set of first-quarter ...

Dish pushes 5G network deployment with SBA lease agreement

Published 22 Feb 2021 15:22 CET | United States
Dish Network has signed a new long-term master lease agreement with SBA Communications, giving Dish access to SBA's nationwide ...

SBA Communications buys right to licence PG&E towers for wireless equipment for USD 973 million

Published 03 Feb 2021 09:16 CET | United States
SBA Communications has acquired licences to put antennas on over 700 electric and utility towers from Pacific Gas and Electric ...

SBA Communications prices USD 1.5 billion notes offering

Published 15 Jan 2021 09:35 CET | World
Towers operator SBA Communications has priced an offering of USD 1.5 billion worth of senior notes due 2029. The notes will have ...

SBA Communications lifts FY guidance after higher profit, revenues in Q3

Published 03 Nov 2020 12:08 CET | World
Towers operator SBA Communications raised its full-year guidance after reporting a solid set of results for the third quarter, ...

SBA Communications lifts guidance after reporting higher revenues, EBITDA in Q2

Published 04 Aug 2020 11:58 CET | South Africa
Towers operator SBA Communications reported another set of mixed results for the second quarter affected by lower customer ...

SBA raises USD 500 mln more for debt refinancing

Published 19 May 2020 14:28 CET | United States | Update: 20 May 2020 09:27 CET
SBA Communications has raised USD 500 million in its add-on offering of 3.875 percent senior notes due 2027. The company expects ...

SBA Communications Q1 revenues, EBITDA go higher, but FY guidance lowered on negative forex effects

Published 06 May 2020 10:05 CET | World
Towers operator SBA Communications reported a mixed set of results for the first quarter, with the net result affected by ...

SBA lifts dividend after strong Q4, better-than-expected FY

Published 21 Feb 2020 12:05 CET | South Africa
Towers operator SBA Communications has raised its quarterly dividend by over 25 percent to USD 0.465 per share after reporting ...

Calendar   /   Industry Events

28 Jul Telefonica Deutschland Q2 2021
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Spotify Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Ribbon Communications Q2 2021
28 Jul Extreme Networks fiscal Q4
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
29 Jul T-Mobile US Q2 2021
29 Jul Cellnex Q2
29 Jul Comcast Q2 2021
29 Jul Nokia Q2 2021
29 Jul Cellnex Q2 2021
29 Jul Hrvatski Telekom Q2 2021
29 Jul Airtel Africa Q2 2021
29 Jul Skyworks fiscal Q3
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
29 Jul Amazon Q2
29 Jul BT fiscal Q1
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
29 Jul American Tower Corp Q2 2021
29 Jul Fortinet Q2
29 Jul STMicroelectronics Q2 2021
29 Jul Millicom Q2 2021
29 Jul Samsung Electronics Q2 2021
29 Jul Poly fiscal Q1
29 Jul Telenet Q2 2021
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul Telefonica Q2 2021
29 Jul Orange Q2 2021
29 Jul Digital Realty Q2 2021
29 Jul Limelight Networks Q2 2021
29 Jul Vodacom fiscal Q1
::: More Calendar Items