AMT vs O: Which Is the Better Dividend Stock?
As of Oct 19, 2026, AMT and O are closely matched. O offers the higher yield at 5.81%, O has the higher dividend-safety score, and AMT looks like the better value (its fair-value estimate is 3% below its share price).
Key facts: AMT vs O
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Realty Income Corporation (O) has the higher forward dividend yield at 5.81%, versus 3.86% for American Tower Corporation (AMT).
- As of Oct 19, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and O's A (85/100).
- By SmarterDividends' count as of Oct 19, 2026, AMT has raised its dividend for 13 consecutive years and O for 30.
- As of Oct 19, 2026, AMT pays out 96% of its earnings as dividends and O pays out 235%.
- As of Oct 19, 2026, AMT's fair-value estimate is 3% below its share price and O's fair-value estimate is 6% below its share price, so AMT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs O: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/amt-vs-o
| Metric | AMT | O |
|---|---|---|
| Forward yield | 3.86% | 5.81% |
| Annual dividend | $7.16 | $3.26 |
| Payout ratio | 96% | 235% |
| Years of growth | 13 yr | 30 yr |
| 5-yr dividend growth | 8.5% | 3.5% |
| 5-yr total return | -29% | -17% |
| Dividend safety score | 73 (B) | 85 (A) |
| Fair value estimate | $180.18 | $52.48 |
| Upside to fair value | -3% | -6% |
| Frequency | quarterly | monthly |
| Market cap | $86.3B | $53.1B |
| P/E ratio | 25.5 | 40.6 |
Higher yield
O
5.81%
Safer dividend
O
Grade A
Faster growth
AMT
8.5%
Better value
AMT
-3% upside
AMT vs O — FAQ
Is AMT or O a better dividend stock?
AMT and O are closely matched. O has the higher yield; O scores better on safety.
Which has a higher dividend yield, AMT or O?
O has the higher forward dividend yield at 5.81%, versus 3.86% for AMT.
Is AMT or O safer?
O has the higher dividend-safety score (85/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or O better value right now?
As of Oct 19, 2026, AMT looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). For O, its fair-value estimate is 6% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.