AMT vs ARR: Which Is the Better Dividend Stock?
As of September 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ARR offers the higher yield at 18.19%, AMT has the higher dividend-safety score, and ARR trades at the larger discount to fair value (+75%).
| Metric | AMT | ARR |
|---|---|---|
| Forward yield | 4.04% | 18.19% |
| Annual dividend | $6.98 | $2.88 |
| Payout ratio | 96% | 65% |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | -13.4% |
| 5-yr total return | -33% | -71% |
| Dividend safety score | 72 (B) | 51 (C) |
| Fair value estimate | $159.72 | $28.68 |
| Upside to fair value | -9% | +75% |
| Frequency | quarterly | monthly |
| Market cap | $82.9B | $2.2B |
| P/E ratio | 23.8 | 3.6 |
Higher yield
ARR
18.19%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
ARR
+75% upside
AMT vs ARR — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


