SmarterDividends

AMT vs IRT: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. IRT offers the higher yield at 4.87%, AMT has the higher dividend-safety score, and IRT looks like the better value (its fair-value estimate is 14% above its share price).

Key facts: AMT vs IRT

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Independence Realty Trust, Inc. (IRT) has the higher forward dividend yield at 4.87%, versus 3.86% for American Tower Corporation (AMT).
  • As of Oct 18, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and IRT's C (51/100).
  • By SmarterDividends' count as of Oct 18, 2026, AMT has raised its dividend for 13 consecutive years and IRT for 4.
  • As of Oct 18, 2026, AMT pays out 96% of its earnings as dividends and IRT pays out 383%.
  • As of Oct 18, 2026, AMT's fair-value estimate is 3% below its share price and IRT's fair-value estimate is 14% above its share price, so IRT looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AMT vs IRT: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/amt-vs-irt

MetricAMTIRT
Forward yield3.86%4.87%
Annual dividend$7.16$0.72
Payout ratio96%383%
Years of growth13 yr4 yr
5-yr dividend growth8.5%4.4%
5-yr total return-29%-40%
Dividend safety score73 (B)51 (C)
Fair value estimate$180.18$16.77
Upside to fair value-3%+14%
Frequencyquarterlyquarterly
Market cap$86.3B$3.6B
P/E ratio25.582.1

Higher yield

IRT

4.87%

Safer dividend

AMT

Grade B

Faster growth

AMT

8.5%

Better value

IRT

+14% upside

AMT vs IRT — FAQ

Is AMT or IRT a better dividend stock?

On the data, AMT wins more head-to-head categories (6 vs 2). IRT offers the higher yield (4.87%), 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 IRT?

IRT has the higher forward dividend yield at 4.87%, versus 3.86% for AMT.

Is AMT or IRT safer?

AMT has the higher dividend-safety score (73/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is AMT or IRT better value right now?

As of Oct 18, 2026, IRT looks like the better value: its fair-value estimate is 14% above its share price (fairly valued). For AMT, its fair-value estimate is 3% below its share price.

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