Is SBAC a Friend, Question Mark or Foe?

SBAC is classified a Friend under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the SBAC distribution?

A Friend is an income asset whose long-term economic total return has historically covered its distributions and whose distribution has been stable over the available history. It describes a track record of durable, well-covered income.

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SBAC Income Quality Score

Name: SBAC Income Quality Score
Creator: Income Quality Score
Keywords: SBAC income quality, SBAC dividend quality, SBAC dividend safety, SBAC distribution history, SBAC dividend score, SBAC analysis, SBA Communications Corporation dividend

SBA Communications Corporation (SBAC) has an Income Quality Score of 67/100, classified as a Friend with medium confidence, based on a 10-year income and total-return history.

SBA Communications Corporation (SBAC) is a real estate investment trust (REIT) and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 7 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

67/100

FriendMedium confidence

Asset Type

REIT

Exchange

NASDAQ

Trailing Yield (TTM)

2.7%

Rank in REIT Universe

58 of 162

Lookback

10-year

Data as of

June 30, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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SBACSBA Communications Corporation

67FriendMedium confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: REIT

IQ Score History

Not enough published history yet to draw a trend.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

100/100

Distribution Cut Score

100/100

Distribution Trend

63/100

Total Return

47/100

Max Drawdown

17/100

Volatility

56/100

Yield Consistency

69/100

What is working

Economic return covers long-term payout
No material annual distribution decline across 6 full years of data

What to watch

drawdown severe

Flags & gates

Deep Unrecovered Drawdown

Distribution Safety

6Years raised

0Years cut

8Years of data

RisingCurrent trend

Medium confidence (5–9 years of history)

20190.74Held
20201.86Raised
20212.32Raised
20222.84Raised
20233.4Raised
20243.92Raised
20254.44Raised
20262.5Partial year

Distributions per year, from the frozen distribution-stability signal.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.