SBA Communications Corporation (SBAC)

The Top 15 High-Growth Dividend Stock list for October 2025 targets a 12% long-term return, despite underperforming SPY and VIG in September. These 15 stocks offer a 1.4% average yield and have grown dividends at 19.1% annually over five years, with many trading at significant discounts. Recent changes include six new additions, with expected long-term CAGRs near 20% based on dividend yield theory and valuation metrics.

SBA Communications and American Tower have disappointed investors over the last 3 years. The primary issue was that investors overpaid for growth. The secondary issue was even that expected growth didn't materialize.

Many REITs are still trading at decade-low valuations. But as interest rates are cut, they could strongly recover. I present two blue-chip REITs offering a once-in-a-decade opportunity.

SBA Communications Corporation (NASDAQ:SBAC ) Goldman Sachs Communacopia + Technology Conference 2025 September 9, 2025 2:30 PM EDT Company Participants Brendan Cavanagh - CEO, President & Director Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Good Morning. Welcome to the Goldman Sachs Communacopia and Technology Conference.

Given heightened economic uncertainty, I am leaning more defensive and sticking with my dividend growth investing strategy, emphasizing diversification and income stability. The frozen housing market, soft labor conditions, and stagnating consumer spending signal potential economic weakness, despite optimism in select sectors like tech. My ETF portfolio review shows shifting leadership, with midstream energy outperforming previously, but preferreds and tech-focused ETFs now leading as trends evolve.

SBA Communications Corporation (NASDAQ:SBAC ) Bank of America 2025 Media, Communications & Entertainment Conference September 4, 2025 2:00 PM EDT Company Participants Marc Montagner - Executive VP & CFO Presentation Unknown Analyst [Audio Gap] to the BofA Media Telecom Conference. We're going to wrap it up here on day-2 with SBA.

SBA Communications Corporation (NASDAQ:SBAC ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 12:50 PM EDT Company Participants Marc Montagner - Executive VP & CFO Conference Call Participants Michael Rollins - Citigroup Inc., Research Division Presentation Michael Rollins MD & U.S. Telecoms Analyst [Audio Gap] and infrastructure for Citi. Disclosures are available at the back of the room.

REITs are still heavily discounted. But potentially not for much longer. The anticipated rate cuts could lead to an epic recovery, and investors who position themselves early could enjoy significant upside.

My Top 15 high-growth dividend stocks for September 2025 are collectively 32% undervalued and offer a 1.43% yield with 21.57% five-year dividend growth. The strategy's five-year annualized return is 11.22%, just shy of my 12% target, but it continues to outperform VIG and SPY year-to-date. Rotation in the list brings in DICK'S Sporting Goods, Elevance Health, Intuit, and Marsh & McLennan, replacing stocks that fell below the 12% expected return threshold.

AT&T's spectrum purchase is not a significant negative for SBA Communications Corporation—tower demand should remain strong as AT&T deploys new spectrum. SBAC's management confirmed signed lease contracts, supporting positive guidance and contradicting bearish doubts about future leasing volumes. AT&T's expansion of Internet Air and 5G coverage will likely increase demand for tower infrastructure, benefiting SBAC's long-term growth.

As previously reported, BofA analyst Michael Funk downgraded SBA Communications (SBAC) to Neutral from Buy with a price target of $230, down from $260, following the AT&T (T) and EchoStar (SATS) mid-band spectrum deal announcement. EchoStar exposure is not unique to SBA or towers and the firm does not expect the churn to be outsized for SBA, but it highlights the potential for incremental deployments on the AT&T side to be longer-dated and views positive catalysts as "longer-dated" post the announcement. SBA Communications -2.73 (-1.23%) EchoStar +20.99 (+70.25%) AT&T -0.18 (-0.63%)

As previously reported, BofA analyst Michael Funk downgraded SBA Communications (SBAC) to Neutral from Buy with a price target of $230, down from $260, following the AT&T (T) and EchoStar (SATS) mid-band spectrum deal announcement. EchoStar exposure is not unique to SBA or towers and the firm does not expect the churn to be outsized for SBA, but it highlights the potential for incremental deployments on the AT&T side to be longer-dated and views positive catalysts as "longer-dated" post the announcement. SBA Communications -2.73 (-1.23%) EchoStar +20.99 (+70.25%) AT&T -0.18 (-0.63%)

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer, is scheduled to speak at the Goldman Sachs 2025 Communacopia + Technology Conference on Tuesday, September 9, 2025 at 11:30 AM PT. The conference will be held at the Palace Hotel in San Francisco, California. The audio presentation for SBA can be accessed by visiting www.sbasite.com. About SBA Communications Corporation SBA Communicatio.

My investing strategy is simple yet powerful. It can be summed up as "the more it drops, the more I buy." This strategy works great in the REIT sector. I explain why.

BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at Citi's 2025 Global TMT Conference, Wednesday, September 3, 2025, at 12:50 PM ET. The conference will be held at The New York Hilton Midtown in New York. Marc Montagner is also scheduled to speak at the BofA Securities 2025 Media, Communications and Entertainment Conference, Thursday, September 4, 2025, at 2:00 PM ET. This confe.

Brendan Cavanagh Will Join the Company's Board of Directors Appointment Effective October 1, 2025 NEW YORK , Aug. 6, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) today announced that its Board of Directors elected Brendan Cavanagh to Con Edison's Board of Directors, effective October 1, 2025. Mr. Cavanagh is currently the President and Chief Executive Officer of SBA Communications Corporation (NASDAQ: SBAC), a real estate investment trust that owns and operates wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems and small cells.