AMT vs CBL: Which Is the Better Dividend Stock?
As of Nov 9, 2026, CBL (CBL & Associates Properties, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CBL offers the higher yield at 5.28%, AMT has the higher dividend-safety score, and CBL looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: AMT vs CBL
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, CBL & Associates Properties, Inc. (CBL) has the higher forward dividend yield at 5.28%, versus 3.79% for American Tower Corporation (AMT).
- As of Nov 9, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and CBL's C (50/100).
- By SmarterDividends' count as of Nov 9, 2026, AMT has raised its dividend for 13 consecutive years and CBL for 3.
- As of Nov 9, 2026, AMT pays out 100% of its earnings as dividends and CBL pays out 29%.
- As of Nov 9, 2026, AMT's fair-value estimate is 43% below its share price and CBL's fair-value estimate is 26% below its share price, so CBL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs CBL: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/amt-vs-cbl
| Metric | AMT | CBL |
|---|---|---|
| Forward yield | 3.79% | 5.28% |
| Annual dividend | $7.16 | $2.50 |
| Payout ratio | 100% | 29% |
| Years of growth | 13 yr | 3 yr |
| 5-yr dividend growth | 8.5% | — |
| 5-yr total return | -28% | 53% |
| Dividend safety score | 73 (B) | 50 (C) |
| Fair value estimate | $106.80 | $35.16 |
| Upside to fair value | -43% | -26% |
| Frequency | quarterly | quarterly |
| Market cap | $87.6B | $1.5B |
| P/E ratio | 26.6 | 9.7 |
Higher yield
CBL
5.28%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
CBL
-26% upside
AMT vs CBL — FAQ
Is AMT or CBL a better dividend stock?
On the data, CBL wins more head-to-head categories (4 vs 3). CBL offers the higher yield (5.28%), 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 CBL?
CBL has the higher forward dividend yield at 5.28%, versus 3.79% for AMT.
Is AMT or CBL safer?
AMT has the higher dividend-safety score (73/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or CBL better value right now?
As of Nov 9, 2026, CBL looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For AMT, its fair-value estimate is 43% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.