What are the best cell tower stocks to buy?

The company also offers a current dividend yield of 1.9%. Another of the five best cell tower stocks to buy is SBA Communications Corporation (NASDAQ:SBAC), a Boca Raton, Florida-based real estate investment trust that owns and operates wireless infrastructure in the United States, Canada, Central America, South America and South Africa.

Who are the top cellular tower companies in the world?

American Towers, Crown Castle International, and SBA Communications dominate this vertical. Their respective businesses are growing well beyond simply cell towers, with the expansion of broadband and 5G. Their clients include all the major carriers and more, providing stable rent flow and payouts.

Are cell tower REITs a good investment?

Like all REITs, cell tower REITs must pay 90% of taxable income each year in dividends, offering investors stable income and the possibility of long-term appreciation. The following cell tower REITs offer a balance of dividends, strong balance sheets and long-term growth potential as cell tower investments. 1. American Tower Corp. (NYSE: AMT)