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.

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Categories: Mobile & Wireless
Companies: SBA Communications
Countries: World
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