AMT vs TRTX: 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. TRTX offers the higher yield at 15.36%, AMT has the higher dividend-safety score, and TRTX looks like the better value (its fair-value estimate is 57% above its share price).
Key facts: AMT vs TRTX
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, TPG RE Finance Trust, Inc. (TRTX) has the higher forward dividend yield at 15.36%, versus 3.80% for American Tower Corporation (AMT).
- As of Oct 27, 2026, SmarterDividends grades AMT's dividend safety B (73/100) and TRTX's D (46/100).
- By SmarterDividends' count as of Oct 27, 2026, AMT has raised its dividend for 13 consecutive years and TRTX for 0.
- As of Oct 27, 2026, AMT pays out 96% of its earnings as dividends and TRTX pays out 175%.
- As of Oct 27, 2026, AMT's fair-value estimate is 4% below its share price and TRTX's fair-value estimate is 57% above its share price, so TRTX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMT vs TRTX: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/amt-vs-trtx
| Metric | AMT | TRTX |
|---|---|---|
| Forward yield | 3.80% | 15.36% |
| Annual dividend | $7.16 | $0.96 |
| Payout ratio | 96% | 175% |
| Years of growth | 13 yr | 0 yr |
| 5-yr dividend growth | 8.5% | -6.1% |
| 5-yr total return | -28% | -49% |
| Dividend safety score | 73 (B) | 46 (D) |
| Fair value estimate | $180.18 | $9.78 |
| Upside to fair value | -4% | +57% |
| Frequency | quarterly | quarterly |
| Market cap | $87.7B | $483.2M |
| P/E ratio | 25.9 | 11.4 |
Higher yield
TRTX
15.36%
Safer dividend
AMT
Grade B
Faster growth
AMT
8.5%
Better value
TRTX
+57% upside
AMT vs TRTX — FAQ
Is AMT or TRTX a better dividend stock?
On the data, AMT wins more head-to-head categories (6 vs 2). TRTX offers the higher yield (15.36%), 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 TRTX?
TRTX has the higher forward dividend yield at 15.36%, versus 3.80% for AMT.
Is AMT or TRTX safer?
AMT has the higher dividend-safety score (73/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is AMT or TRTX better value right now?
As of Oct 27, 2026, TRTX looks like the better value: its fair-value estimate is 57% 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.