SmarterDividends

AMT vs ONL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. ONL offers the higher yield at 3.88%, AMT 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 ONL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Orion Properties Inc. (ONL) has the higher forward dividend yield at 3.88%, versus 3.86% for American Tower Corporation (AMT).
  • As of Oct 18, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and ONL's D (49/100).
  • By SmarterDividends' count as of Oct 18, 2026, AMT has raised its dividend for 13 consecutive years and ONL for 0.
  • As of Oct 18, 2026, AMT's fair-value estimate is 3% below its share price and ONL's fair-value estimate is 63% below its share price, so AMT looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricAMTONL
Forward yield3.86%3.88%
Annual dividend$7.16$0.08
Payout ratio96%0%
Years of growth13 yr0 yr
5-yr dividend growth8.5%—
5-yr total return-29%-88%
Dividend safety score73 (B)49 (D)
Fair value estimate$180.18$0.76
Upside to fair value-3%-63%
Frequencyquarterlyquarterly
Market cap$86.3B$117.5M
P/E ratio25.5—

Higher yield

ONL

3.88%

Safer dividend

AMT

Grade B

Faster growth

AMT

8.5%

Better value

AMT

-3% upside

AMT vs ONL — FAQ

Is AMT or ONL a better dividend stock?

On the data, AMT wins more head-to-head categories (5 vs 2). ONL offers the higher yield (3.88%), 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 ONL?

ONL has the higher forward dividend yield at 3.88%, versus 3.86% for AMT.

Is AMT or ONL safer?

AMT has the higher dividend-safety score (73/100 vs 49/100), reflecting stronger payout coverage and dividend-growth history.

Is AMT or ONL better value right now?

As of Oct 18, 2026, AMT looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). For ONL, its fair-value estimate is 63% below its share price.

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