telecom “monopoly” plus data centers supports 4%+ dividend.
AMT’s cell-tower monopoly and growing data-center exposure support a resilient dividend, boosted by a near-halved stock drawdown.
AMT’s tower footprint benefits from persistent mobile data growth, and the 2026 narrative upgrades the story through data-center pivots tied to AI infrastructure. The stock’s dividend yield rising to above 4% after losing close to half its value makes the income-and-growth mix attractive.