AMT vs MFA: Which Is the Better Dividend Stock?
As of September 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MFA offers the higher yield at 16.82%, AMT has the higher dividend-safety score, and MFA trades at the larger discount to fair value (+86%).
| Metric | AMT | MFA |
|---|---|---|
| Forward yield | 4.04% | 16.82% |
| Annual dividend | $6.98 | $1.44 |
| Payout ratio | 96% | 143% |
| Years of growth | 13 yr | 1 yr |
| 5-yr dividend growth | 8.5% | 7.6% |
| 5-yr total return | -33% | -53% |
| Dividend safety score | 72 (B) | 44 (D) |
| Fair value estimate | $159.72 | $16.66 |
| Upside to fair value | -9% | +86% |
| Frequency | quarterly | quarterly |
| Market cap | $82.9B | $865.3M |
| P/E ratio | 23.8 | 8.5 |
Higher yield
MFA
16.82%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
MFA
+86% upside
AMT vs MFA — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.