SmarterDividends

AMT vs ARI: Which Is the Better Dividend Stock?

As of Oct 23, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ARI offers the higher yield at 15.87%, AMT has the higher dividend-safety score, and ARI looks like the better value (its fair-value estimate is 163% above its share price).

Key facts: AMT vs ARI

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Apollo Commercial Real Estate Finance, Inc. (ARI) has the higher forward dividend yield at 15.87%, versus 3.94% for American Tower Corporation (AMT).
  • As of Oct 23, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and ARI's D (49/100).
  • By SmarterDividends' count as of Oct 23, 2026, AMT has raised its dividend for 13 consecutive years and ARI for 0.
  • As of Oct 23, 2026, AMT pays out 96% of its earnings as dividends and ARI pays out 94%.
  • As of Oct 23, 2026, AMT's fair-value estimate is 1% below its share price and ARI's fair-value estimate is 163% above its share price, so ARI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AMT vs ARI: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/amt-vs-ari

MetricAMTARI
Forward yield3.94%15.87%
Annual dividend$7.16$1.00
Payout ratio96%94%
Years of growth13 yr0 yr
5-yr dividend growth8.5%-7.2%
5-yr total return-29%-53%
Dividend safety score73 (B)49 (D)
Fair value estimate$180.18$16.56
Upside to fair value-1%+163%
Frequencyquarterlyquarterly
Market cap$84.6B$807.7M
P/E ratio25.07.9

Higher yield

ARI

15.87%

Safer dividend

AMT

Grade B

Faster growth

AMT

8.5%

Better value

ARI

+163% upside

AMT vs ARI — FAQ

Is AMT or ARI a better dividend stock?

On the data, AMT wins more head-to-head categories (5 vs 3). ARI offers the higher yield (15.87%), while AMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AMT or ARI?

ARI has the higher forward dividend yield at 15.87%, versus 3.94% for AMT.

Is AMT or ARI safer?

AMT has the higher dividend-safety score (73/100 vs 49/100), reflecting stronger payout coverage and dividend-growth history.

Is AMT or ARI better value right now?

As of Oct 23, 2026, ARI looks like the better value: its fair-value estimate is 163% above its share price (undervalued). For AMT, its fair-value estimate is 1% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.