AMT vs REFI: Which Is the Better Dividend Stock?
As of Oct 27, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. REFI offers the higher yield at 20.22%, AMT has the higher dividend-safety score, and REFI looks like the better value (its fair-value estimate is 238% above its share price).
Key facts: AMT vs REFI
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Chicago Atlantic Real Estate Finance, Inc. (REFI) has the higher forward dividend yield at 20.22%, versus 3.80% for American Tower Corporation (AMT).
- As of Oct 27, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and REFI's C (65/100).
- By SmarterDividends' count as of Oct 27, 2026, AMT has raised its dividend for 13 consecutive years and REFI for 0.
- As of Oct 27, 2026, AMT pays out 96% of its earnings as dividends and REFI pays out 137%.
- As of Oct 27, 2026, AMT's fair-value estimate is 4% below its share price and REFI's fair-value estimate is 238% above its share price, so REFI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs REFI: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/amt-vs-refi
| Metric | AMT | REFI |
|---|---|---|
| Forward yield | 3.80% | 20.22% |
| Annual dividend | $7.16 | $1.88 |
| Payout ratio | 96% | 137% |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | — |
| 5-yr total return | -28% | -44% |
| Dividend safety score | 73 (B) | 65 (C) |
| Fair value estimate | $180.18 | $31.48 |
| Upside to fair value | -4% | +238% |
| Frequency | quarterly | quarterly |
| Market cap | $87.7B | $238.3M |
| P/E ratio | 25.9 | 6.8 |
Higher yield
REFI
20.22%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
REFI
+238% upside
AMT vs REFI — FAQ
Is AMT or REFI a better dividend stock?
On the data, AMT wins more head-to-head categories (5 vs 2). REFI offers the higher yield (20.22%), 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 REFI?
REFI has the higher forward dividend yield at 20.22%, versus 3.80% for AMT.
Is AMT or REFI safer?
AMT has the higher dividend-safety score (73/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or REFI better value right now?
As of Oct 27, 2026, REFI looks like the better value: its fair-value estimate is 238% above its share price (undervalued). For AMT, its fair-value estimate is 4% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.