Data as of the October 19, 2026 close. Every figure on this page is checked against at least two independent sources, or two separate SEC filings, before it is published. How we verify data.
American Tower (AMT) and Crown Castle (CCI) are both infrastructure REITs, with American Tower classed as Cell Towers and Crown Castle as Cell Towers & Fiber. Here is how they compare on verified numbers as of the October 19, 2026 close, from dividends and debt to rate sensitivity and returns this year.
| Measure | American Tower (AMT) | Crown Castle (CCI) |
|---|---|---|
| Share price | $183.03 | $81.06 |
| Market cap | $85.3B | $34.5B |
| Dividend yield | 3.91% | 5.25% |
| Annual dividend per share | $7.16 | $4.25 |
| Pays | Quarterly | Quarterly |
| Consecutive years of dividend increases | 1 | n/a |
| Dividend increase in 2026 (confirmed in filings) | +5.3% | No increase |
| Liabilities to assets | 83.8% (June 30) | 115.2% (June 30) |
| Revenue growth, latest quarter vs a year earlier | +4.7% | -4.9% |
| Price change year to date | +4.2% | -8.8% |
| Price change since Sept. 15 | +3.0% | +10.7% |
| 52-week range (closing) | $161.06 to $194.12 | $66.12 to $98.87 |
| Typical move per 0.25-point rise in the 10-year yield | -3.9% | -5.5% |
| REIT Rankings grade | B 81 | C 62 |
| Third-quarter 2026 results | Not yet filed; page updates when it is | Not yet filed; page updates when it is |
Who Leads on Each Measure
| Measure | Leader |
|---|---|
| Higher dividend yield | Crown Castle |
| Lower leverage | American Tower |
| Less sensitive to rising rates | American Tower |
| Better price change this year | American Tower |
| Higher REIT Rankings grade | American Tower |
Where They Differ
Crown Castle pays the higher yield, 5.25% against 3.91% for American Tower. Crown Castle carries more leverage, with liabilities equal to 115.2% of assets against 83.8%. Over the past year Crown Castle has been more sensitive to Treasury yields, typically moving -5.5% for each 0.25-point rise in the 10-year yield against -3.9% for American Tower. This year American Tower shares have moved +4.2% and Crown Castle shares -8.8%.
Read the full profiles for portfolio, tenant and balance sheet detail: American Tower and Crown Castle.
How These Numbers Are Checked
Prices, returns and 52-week ranges are computed separately from Nasdaq and Cboe records and must agree. Dividend rates are checked against the per-share dividends in each company’s latest 10-Q, growth streaks against their 10-K filings, and leverage and revenue come from the balance sheets and income statements filed with the SEC. Third-quarter results replace the latest-quarter figures as soon as each company files. How we verify data.
Frequently Asked Questions
Which pays a higher dividend, AMT or CCI?
American Tower yields 3.91% and pays $7.16 a share a year (quarterly); Crown Castle yields 5.25% and pays $4.25 (quarterly), as of October 19, 2026.
Which has raised its dividend longer, AMT or CCI?
American Tower: 1 consecutive years of increases; Crown Castle: streak not yet verified.
Which has more debt, AMT or CCI?
On the latest balance sheets, American Tower’s liabilities equal 83.8% of total assets and Crown Castle’s equal 115.2%. Book leverage is one measure; debt maturities and interest coverage matter too.
Which is more sensitive to interest rates, AMT or CCI?
Over the past year, American Tower has typically moved -3.9% and Crown Castle -5.5% for each 0.25-point rise in the 10-year Treasury yield. Since September 15, 2026, American Tower has moved +3.0% and Crown Castle +10.7%.
Is AMT or CCI the better investment?
REIT Rankings does not make buy, sell or hold calls. On our grades, which measure dividend safety, balance sheet, portfolio, growth and valuation, American Tower scores 81 and Crown Castle scores 62, so American Tower rates higher on business quality. Which suits you depends on whether you value current yield, dividend growth or lower rate risk more.
Related Pages
Best Infrastructure REITs · All REIT comparisons
REIT Rankings publishes data and grades, not investment advice. Nothing on this page is a recommendation to buy, sell or hold any security. Do your own research or consult a licensed advisor.