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SBA Communications Corporation Announces Tax Reporting Information for 2024 Distributions

1. SBA Communications reports cash distributions for 2024 tax year. 2. Each cash distribution amounts to $0.98 per share quarterly. 3. Stockholders urged to consult tax advisors for treatment specifics. 4. SBA operates over 39,000 wireless communication sites internationally. 5. Company is a significant player in REIT and S&P 500 sectors.

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FAQ

Why Neutral?

While distributions provide stability, there are no growth prospects indicated.

How important is it?

The announcement of distributions is important for shareholders but lacks broader market impact.

Why Short Term?

These distributions will impact investors in the near term due to tax considerations.

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REITsS&P 500
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.

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