SmarterDividends

AMT vs AVB: Which Is the Better Dividend Stock?

As of Nov 5, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. AVB offers the higher yield at 3.87%, AMT has the higher dividend-safety score, and AVB looks like the better value (its fair-value estimate is 6% below its share price).

Key facts: AMT vs AVB

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, AvalonBay Communities Inc (AVB) has the higher forward dividend yield at 3.87%, versus 3.67% for American Tower Corporation (AMT).
  • As of Nov 5, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and AVB's C (50/100).
  • By SmarterDividends' count as of Nov 5, 2026, AMT has raised its dividend for 13 consecutive years and AVB for 3.
  • As of Nov 5, 2026, AMT pays out 100% of its earnings as dividends and AVB pays out 97%.
  • As of Nov 5, 2026, AMT's fair-value estimate is 7% below its share price and AVB's fair-value estimate is 6% below its share price, so AVB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AMT vs AVB: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/amt-vs-avb

MetricAMTAVB
Forward yield3.67%3.87%
Annual dividend$7.16$7.12
Payout ratio100%97%
Years of growth13 yr3 yr
5-yr dividend growth8.5%1.9%
5-yr total return-28%—
Dividend safety score73 (B)50 (C)
Fair value estimate$180.18$172.27
Upside to fair value-7%-6%
Frequencyquarterlyquarterly
Market cap$90.3B$26.3B
P/E ratio27.425.2

Higher yield

AVB

3.87%

Safer dividend

AMT

Grade B

Faster growth

AMT

8.5%

Better value

AVB

-6% upside

AMT vs AVB — FAQ

Is AMT or AVB a better dividend stock?

On the data, AMT wins more head-to-head categories (4 vs 3). AVB offers the higher yield (3.87%), 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 AVB?

AVB has the higher forward dividend yield at 3.87%, versus 3.67% for AMT.

Is AMT or AVB safer?

AMT has the higher dividend-safety score (73/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.

Is AMT or AVB better value right now?

As of Nov 5, 2026, AVB looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). For AMT, its fair-value estimate is 7% below its share price.

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