SmarterDividends

AMT vs RWT: Which Is the Better Dividend Stock?

As of Oct 27, 2026, AMT (American Tower Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. RWT offers the higher yield at 22.29%, AMT has the higher dividend-safety score, and RWT looks like the better value (its fair-value estimate is 202% above its share price).

Key facts: AMT vs RWT

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Redwood Trust, Inc. (RWT) has the higher forward dividend yield at 22.29%, versus 3.80% for American Tower Corporation (AMT).
  • As of Oct 27, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and RWT's D (42/100).
  • By SmarterDividends' count as of Oct 27, 2026, AMT has raised its dividend for 13 consecutive years and RWT for 1.
  • As of Oct 27, 2026, AMT pays out 96% of its earnings as dividends and RWT pays out 329%.
  • As of Oct 27, 2026, AMT's fair-value estimate is 4% below its share price and RWT's fair-value estimate is 202% above its share price, so RWT looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AMT vs RWT: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/amt-vs-rwt

MetricAMTRWT
Forward yield3.80%22.29%
Annual dividend$7.16$0.72
Payout ratio96%329%
Years of growth13 yr1 yr
5-yr dividend growth8.5%5.9%
5-yr total return-28%-75%
Dividend safety score73 (B)42 (D)
Fair value estimate$180.18$9.76
Upside to fair value-4%+202%
Frequencyquarterlyquarterly
Market cap$87.7B$405.7M
P/E ratio25.9—

Higher yield

RWT

22.29%

Safer dividend

AMT

Grade B

Faster growth

AMT

8.5%

Better value

RWT

+202% upside

AMT vs RWT — FAQ

Is AMT or RWT a better dividend stock?

On the data, AMT wins more head-to-head categories (6 vs 2). RWT offers the higher yield (22.29%), 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 RWT?

RWT has the higher forward dividend yield at 22.29%, versus 3.80% for AMT.

Is AMT or RWT safer?

AMT has the higher dividend-safety score (73/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.

Is AMT or RWT better value right now?

As of Oct 27, 2026, RWT looks like the better value: its fair-value estimate is 202% above its share price (undervalued). For AMT, its fair-value estimate is 4% below its share price.

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