American Tower Corporation's (AMT) Role in a Diversified Telecom Dividend Portfolio

American Tower Corporation (NYSE:AMT) is included among the 11 Best Telecom Dividend Stocks to Buy for 2025.

American Tower Corporation (NYSE:AMT) is engaged in operating, acquiring, and developing communications real estate, including cell towers and data centers, both in the U.S. and abroad. Its primary business involves leasing space on these sites to wireless carriers and enterprises. The property operations segment has been the company’s main revenue driver, accounting for roughly 98% of total revenue in 2022, 2023, and 2024, supported by long-term contracts with built-in rent increases and strong renewal rates.

Lately, American Tower Corporation (NYSE:AMT) has focused its strategy on several key areas: strengthening and expanding property operations, refining its international portfolio, enabling the adoption of new technologies such as 5G and AI infrastructure, practicing disciplined capital allocation, and carefully managing regulatory challenges. Its long-term success relies on growing recurring revenue, improving site utilization, maintaining solid margins, and directing capital toward higher-return opportunities while keeping leverage under control.

American Tower Corporation (NYSE:AMT) is one of the best dividend stocks in the telecom sector, as the company has increased its payouts for 13 consecutive years. The company currently offers a quarterly dividend of $1.70 per share and has a dividend yield of 3.52%, as of September 24.

While we acknowledge the potential of AMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.