American Tower: Dividend Insights
Portfolio Pulse from Benzinga Insights
American Tower (NYSE:AMT) has announced a quarterly dividend of $1.7 per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on February 01, 2024. The stock is expected to open $1.7 lower on the ex-dividend date to reflect the payout.

December 22, 2023 | 2:45 pm
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American Tower will pay a $1.7 per share dividend, with shares trading lower on the ex-dividend date to reflect the payout. Eligibility requires ownership by end of Tuesday, with payment on February 01, 2024.
The stock price of American Tower is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence with stocks on their ex-dividend date. The importance is rated high because dividends are a significant event for shareholders, but not at the maximum because it is a regular quarterly event. The confidence level is high due to the predictable nature of the ex-dividend price adjustment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100