American Tower (NYSE: AMT) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $77.91 as of 9:35 a.m. ET, the dividend yield is 1.3%. The average volume for American Tower has been 2.4 million shares per day over the past 30 days. American Tower has a market cap of $30.8 billion and is part of the real estate industry. Shares are up 1.7% year to date as of the close of trading on Thursday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. American Tower Corporation, a real estate investment trust, operates as a wireless and broadcast communications infrastructure company. It develops, owns, and operates communications sites. The company has a P/E ratio of 48.76. Currently there are 13 analysts that rate American Tower a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates American Tower as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full American Tower Ratings Report now.
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