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American Tower AMT Dividends Paid

Discontinued — last reported Q2 '24

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Other financials

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation

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Market cap$79.77B-18.4%
Enterprise value$123B+16.3%
P/E22.7×-50.9×
P/S7.3×-2.2×

Profitability

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Gross margin99.5%
Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:PaymentsOfDividendsCommonStock.

The source filing: American Tower’s 10-Q, filed July 30, 2024.

Filed
Jul 30, 2024
Fiscal quarter
Q2 FY2024
Calendar quarter
Q2 2024
Accession
0001053507-24-000105
Line itemSix Months Ended June 30, 2024Six Months Ended June 30, 2023
Distributions to noncontrolling interest holders(189.2)(22.7)
Contributions from noncontrolling interest holders102.51.9
Proceeds from stock options and employee stock purchase plan23.710.3
Distributions paid on common stock(1,559.2)(1,461.3)
Deferred financing costs and other financing activities(86.9)(100.9)
Cash used for financing activities(1,418.1)(1,573.8)
Net effect of changes in foreign currency exchange rates on cash and cash equivalents, and restricted cash(153.5)19.1
NET INCREASE IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH525.28.7

ITEM 1. UNAUDITED CONSOLIDATED AND CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is American Tower's dividends paid?
American Tower (AMT) reported dividends paid of $757.1M in Q2 2024.
How has American Tower's dividends paid changed year-over-year?
American Tower's dividends paid increased by 4.1% year-over-year, from $727M to $757.1M.
What is the long-term trend for American Tower's dividends paid?
Over 2 years (2021 to 2023), American Tower's dividends paid has grown at a 13.8% compound annual growth rate (CAGR), from $2.27B to $2.94B.
What does dividends paid mean?
Total cash dividends paid to common stockholders, reflecting the company's capital return policy.

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