AMT vs MDV: Which Is the Better Dividend Stock?
As of Nov 5, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. MDV offers the higher yield at 6.59%, AMT has the higher dividend-safety score, and MDV looks like the better value (its fair-value estimate is 52% above its share price).
Key facts: AMT vs MDV
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Modiv Industrial Inc (MDV) has the higher forward dividend yield at 6.59%, versus 3.67% for American Tower Corporation (AMT).
- As of Nov 5, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and MDV's C (59/100).
- By SmarterDividends' count as of Nov 5, 2026, AMT has raised its dividend for 13 consecutive years and MDV for 2.
- As of Nov 5, 2026, AMT pays out 100% of its earnings as dividends and MDV pays out 460%.
- As of Nov 5, 2026, AMT's fair-value estimate is 7% below its share price and MDV's fair-value estimate is 52% above its share price, so MDV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs MDV: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/amt-vs-mdv
| Metric | AMT | MDV |
|---|---|---|
| Forward yield | 3.67% | 6.59% |
| Annual dividend | $7.16 | $1.20 |
| Payout ratio | 100% | 460% |
| Years of growth | 13 yr | 2 yr |
| 5-yr dividend growth | 8.5% | — |
| 5-yr total return | -28% | — |
| Dividend safety score | 73 (B) | 59 (C) |
| Fair value estimate | $180.18 | $27.49 |
| Upside to fair value | -7% | +52% |
| Frequency | quarterly | monthly |
| Market cap | $90.3B | $215.1M |
| P/E ratio | 27.4 | 50.1 |
Higher yield
MDV
6.59%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
MDV
+52% upside
AMT vs MDV — FAQ
Is AMT or MDV a better dividend stock?
On the data, AMT wins more head-to-head categories (4 vs 2). MDV offers the higher yield (6.59%), 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 MDV?
MDV has the higher forward dividend yield at 6.59%, versus 3.67% for AMT.
Is AMT or MDV safer?
AMT has the higher dividend-safety score (73/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or MDV better value right now?
As of Nov 5, 2026, MDV looks like the better value: its fair-value estimate is 52% above its share price (undervalued). For AMT, its fair-value estimate is 7% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.