SBA Communications (SBAC) Declares $0.98 Quarterly Dividend; 1.9% Yield
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SBA Communications Corporation Reports First Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend
April 29, 2024 4:10 PM EDTBOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended March 31, 2024.
Highlights of the first quarter include:
Net income of $154.5 million or $1.42 per share AFFO per share of $3.29, representing a 5.1% growth over the prior year period Issued a new senior secured Term Loan B and increased and extended the maturity of the senior secured revolving credit facility Repurchased 0.9 million shares cumulatively in the first quarter and... More