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SBA Communications Corporation Announces Tax Reporting Information for 2024 Distributions

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SBA Communications (SBAC) has released its tax reporting information for 2024 distributions. The company declared four quarterly cash distributions of $0.98 per share, each classified as ordinary taxable dividends and Section 199A dividends. The distributions are scheduled for March 28, June 18, September 18, and December 12, 2024.

SBAC, a leading independent owner and operator of wireless communications infrastructure, maintains a portfolio of over 39,000 communications sites across the Americas and Africa. The company operates as a Real Estate Investment Trust (REIT) and is included in the S&P 500 index.

SBA Communications (SBAC) ha rilasciato le informazioni relative alla tassazione per le distribuzioni del 2024. L'azienda ha dichiarato quattro distribuzioni trimestrali in contante di $0,98 per azione, ciascuna classificata come dividendi ordinari tassabili e dividendi ai sensi della Sezione 199A. Le distribuzioni sono programmati per il 28 marzo, il 18 giugno, il 18 settembre e il 12 dicembre 2024.

SBAC, un importante proprietario e operatore indipendente di infrastrutture per le comunicazioni wireless, mantiene un portafoglio di oltre 39.000 siti di comunicazione nelle Americhe e in Africa. L'azienda opera come un Real Estate Investment Trust (REIT) ed è inclusa nell'indice S&P 500.

SBA Communications (SBAC) ha publicado su información de declaración de impuestos para las distribuciones de 2024. La empresa declaró cuatro distribuciones trimestrales en efectivo de $0.98 por acción, cada una clasificada como dividendos ordinarios imponibles y dividendos de la Sección 199A. Las distribuciones están programadas para el 28 de marzo, el 18 de junio, el 18 de septiembre y el 12 de diciembre de 2024.

SBAC, un destacado propietario y operador independiente de infraestructura de comunicaciones inalámbricas, mantiene un portafolio de más de 39,000 sitios de comunicación en las Américas y África. La empresa opera como un Real Estate Investment Trust (REIT) y está incluida en el índice S&P 500.

SBA Communications (SBAC)는 2024년 분배에 대한 세금 보고 정보를 발표했습니다. 이 회사는 각 주당 $0.98의 현금 분배를 4분기 분배로 선언하였으며, 모두 일반 과세 배당금과 섹션 199A 배당금으로 분류됩니다. 분배는 2024년 3월 28일, 6월 18일, 9월 18일, 12월 12일에 예정되어 있습니다.

SBAC는 무선 통신 인프라의 주요 독립 소유자 및 운영자로, 아메리카 및 아프리카 전역에 39,000개 이상의 통신 사이트 포트폴리오를 보유하고 있습니다. 이 회사는 부동산 투자 신탁(REIT)으로 운영되며 S&P 500 지수에 포함되어 있습니다.

SBA Communications (SBAC) a publié ses informations fiscales pour les distributions de 2024. L'entreprise a déclaré quatre distributions trimestrielles en espèces de 0,98 $ par action, chacune classée comme dividendes ordinaires imposables et dividendes selon la section 199A. Les distributions sont programmées pour le 28 mars, le 18 juin, le 18 septembre et le 12 décembre 2024.

SBAC, un propriétaire et opérateur indépendant de premier plan d'infrastructures de communication sans fil, maintient un portefeuille de plus de 39 000 sites de communication à travers les Amériques et l'Afrique. L'entreprise opère en tant que Real Estate Investment Trust (REIT) et est incluse dans l'indice S&P 500.

SBA Communications (SBAC) hat seine Steuerberichterstattung für die Ausschüttungen 2024 veröffentlicht. Das Unternehmen hat vier vierteljährliche Bargeldausschüttungen von 0,98 $ pro Aktie erklärt, die jeweils als ordentliche steuerpflichtige Dividenden und als Dividenden gemäß Abschnitt 199A eingestuft werden. Die Ausschüttungen sind für den 28. März, den 18. Juni, den 18. September und den 12. Dezember 2024 geplant.

SBAC, ein führender unabhängiger Eigentümer und Betreiber von Infrastrukturen für drahtlose Kommunikation, verfügt über ein Portfolio von über 39.000 Kommunikationsstandorten in Amerika und Afrika. Das Unternehmen fungiert als Real Estate Investment Trust (REIT) und ist im S&P 500-Index enthalten.

Positive
  • Consistent quarterly dividend payments of $0.98 per share throughout 2024
  • Large infrastructure portfolio of over 39,000 communications sites
  • S&P 500 component status
Negative
  • None.

BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today announced year-end tax reporting information for its 2024 distributions. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment.

SBA Communications Corporation Common Stock
CUSIP 78410G104
Ticker Symbol: SBAC

Record
Date

Payment
Date

Cash
Distribution
(per share)

Ordinary
Taxable
Dividends
(per share)

Section
199A
Dividends (1)
(per share)

3/14/2024

3/28/2024

$0.98

$0.98

$0.98

5/23/2024

6/18/2024

$0.98

$0.98

$0.98

8/22/2024

9/18/2024

$0.98

$0.98

$0.98

11/14/2024

12/12/2024

$0.98

$0.98

$0.98

(1) Included in Ordinary Taxable Dividends

Note: For the tax year ended December 31, 2024, there were no unrecaptured section 1250 gains or non-dividend distributions.

This information represents final income allocations.

This press release will be available on our website at www.sbasite.com.

About SBA Communications Corporation

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization. For more information, please visit www.sbasite.com.

Mark DeRussy, CFA

Capital Markets

561-226-9531

Maria Alexandra Velez

VP, Corporate Affairs

561-981-7352

Source: SBA Communications

FAQ

What is SBAC's dividend payment schedule for 2024?

SBAC will pay quarterly dividends of $0.98 per share on March 28, June 18, September 18, and December 12, 2024.

How are SBAC's 2024 distributions classified for tax purposes?

The distributions are classified as ordinary taxable dividends and Section 199A dividends, with no unrecaptured section 1250 gains or non-dividend distributions.

What is the total annual dividend amount for SBAC shareholders in 2024?

The total annual dividend amount for SBAC shareholders in 2024 is $3.92 per share ($0.98 quarterly payment × 4 quarters).

How many communications sites does SBAC operate in 2024?

SBAC operates more than 39,000 communications sites throughout the Americas and Africa.

SBA Communications Corp

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21.02B
106.48M
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REIT - Specialty
Real Estate Investment Trusts
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United States of America
BOCA RATON