1
Derived from payout historyIncome reliability
Quarterly income profile is visible
AMT has an income profile aligned with its reit role. Provider data shows 4 recent payout records.
Market dataIncome framework read
REITNYSEUnited States
AMT
American Tower
Real EstateREIT distributionQuarterly
Market Snapshot
US$175.72
+US$1.23 (70.49%)
NYSE
Yield
4.00%
Rate US$6.98
Next Payment
—
Ex-date 2026-06-12
52wk Position
28.61%
-18.19% below high
Updated —
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- US$174.50
- APR
- 0.993
- Coverage
- 0.993
Rung failed. Restore immediately or rebalance the holding.
Price Creep
Defended price ceiling
- Max defended
- US$174.50
- Cushion
- -US$1.22
- Cushion %
- -0.69%
Current US$175.72Break US$174.50
Smart Recommendation
AMT is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Elevated, trending up
1mo agoDRIP availability
Likely available
1mo agoTax character
US REIT distribution
1mo agoDistribution history
10-year growth, mgmt flags rising payout
1mo agoStructure complexity
Moderate, concentration risk
1mo agoIncome trend
Strong FFO growth
1mo agoAccount suitability
RRSP preferred over TFSA
1mo agoStructure Overview
American Tower (AMT) is a global tower-leasing REIT with strong Q1 2026 FFO growth, even as the payout ratio trends higher — a trend management has acknowledged directly at investor conferences. The stock traded well below its all-time highs in early 2026 despite strong operating results, a disconnect tied partly to a major carrier counterparty situation and US industry consolidation. Management describes the company's investment-grade balance sheet as a competitive advantage.
Canadian Planning Notes
- 1As a US REIT, American Tower distributions are subject to US withholding tax and may include a return-of-capital component more complex than a standard US corporate dividend.
- 2RRSP is generally preferred over TFSA for US holdings due to the treaty withholding exemption, though the ROC nuance above warrants its own review.
- 3Carrier counterparty risk and US industry consolidation are real, company-acknowledged factors worth monitoring rather than assuming static going forward.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
TFSA
REIT distributions can mix income, capital gains, eligible dividends, and return of capital. Sheltering the holding avoids annual T3 complexity.
RRSP: Also shelters distribution complexity when TFSA room is limited.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Plan-only
RBC Direct Investing
Available
TD Direct Investing
Available
U.S.-listed holdings can have withholding tax differences by account type. RRSP treatment is often more favorable than TFSA treatment.
Run Your Numbers
Carry this holding into a calculator
Use a planning tool that matches this holding's structure, payout timing, and income use case.
Related Holdings
This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.