American Tower declares $1.79 quarterly dividend
American Tower adds experienced human capital and governance leader Kristen M. Ludgate to its board and declares a $1.79 per share quarterly cash distribution.
Rhea-AI Filing Summary
American Tower Corporation (AMT) reported that its Board of Directors elected Kristen M. Ludgate as a director and member of the Compensation and Human Capital Committee, effective September 17, 2026. Under the company’s by-laws, she will serve until the 2027 annual meeting and until a successor is elected and qualified.
The Board also declared a quarterly cash distribution of $1.79 per share on the company’s common stock, payable on October 20, 2026 to stockholders of record as of September 30, 2026. American Tower describes itself as one of the largest global REITs, owning and operating over 148,000 multitenant communications sites and a U.S. data center footprint.
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8-K Event Classification
3 items: 5.02, 8.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Quarterly cash distribution per share: $1.79 per share
Distribution record date: September 30, 2026
Distribution payment date: October 20, 2026
+3 more
6 metrics
Quarterly cash distribution per share
$1.79 per share
Declared on common stock, payable October 20, 2026
Distribution record date
September 30, 2026
Stockholders of record at close of business receive the $1.79 distribution
Distribution payment date
October 20, 2026
Scheduled payment date for the quarterly cash distribution
Communications sites portfolio
Over 148,000 sites
American Tower’s global portfolio of multitenant communications sites
HP Inc. tenure
2021–2025
Kristen M. Ludgate served as Chief People Officer of HP Inc.
Board election effective date
September 17, 2026
Effective date of Kristen M. Ludgate’s election as director
Key Terms
quarterly cash distribution, Compensation and Human Capital Committee, multitenant communications real estate, forward-looking statements, +1 more
5 terms
quarterly cash distribution financial
"has declared a quarterly cash distribution of $1.79 per share"
A quarterly cash distribution is a cash payment made to shareholders or investors every three months, drawn from a company’s or fund’s income, profits, or reserves. Think of it like a regular paycheck from an investment: it provides predictable income and signals how much cash a business or fund is returning to owners, which helps investors assess yield, cash flow health, and whether payments are sustainable over time.
Compensation and Human Capital Committee financial
"as a director and member of its Compensation and Human Capital Committee"
A compensation and human capital committee is a board-level group that sets and oversees executive pay, employee incentive plans, hiring and retention strategies, succession planning, and workplace policies. Think of it as the company’s talent and pay steering team — it shapes who gets hired or promoted, how employees are rewarded, and how workforce risks are managed. Investors care because those choices drive labor costs, company performance, leadership stability and reputation, all of which affect long-term value.
multitenant communications real estate technical
"a leading independent owner, operator and developer of multitenant communications real estate"
Multitenant communications real estate is physical space and infrastructure—like rooftops, towers, data-center rooms or fiber conduits—designed to host equipment for multiple telecom or internet providers, similar to an apartment building that rents rooms to different tenants. For investors it matters because these assets generate steady, contract-based rental income, benefit from growing demand for connectivity, and can scale revenue by adding more customers to the same physical footprint, making them predictable and often resilient cash-flow investments.
forward-looking statements regulatory
"This press release contains “forward-looking statements” concerning the Company’s goals"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Risk Factors regulatory
"those factors set forth under the caption “Risk Factors” in Item 1A"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did AMERICAN TOWER CORP (AMT) announce in this 8-K?
The Board elected Kristen M. Ludgate as a director and member of the Compensation and Human Capital Committee, effective September 17, 2026, to serve until the 2027 annual meeting and until her successor is duly elected and qualified.
What quarterly distribution did AMT declare and when will it be paid?
American Tower’s Board declared a quarterly cash distribution of $1.79 per share on its common stock, payable on October 20, 2026 to stockholders of record at the close of business on September 30, 2026.
What is Kristen M. Ludgate’s professional background relevant to AMT’s board role?
Kristen M. Ludgate was Chief People Officer of HP Inc. from 2021 to 2025 and held multiple C-suite and executive roles at 3M Company, with experience in governance, risk management, talent strategy, enterprise transformation, legal, compliance and human resources.
Does Kristen M. Ludgate currently serve on other public company boards besides AMT?
Yes. Kristen M. Ludgate serves on the board of directors of Associated Banc-Corp, where she chairs the Compensation and Benefits committee, and she previously served on the board of directors of OpenText Corporation.
How does AMERICAN TOWER CORP (AMT) describe its business in this filing?
American Tower describes itself as one of the largest global REITs and a leading independent owner, operator and developer of multitenant communications real estate, with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
What compensation will Kristen M. Ludgate receive for serving on AMT’s board?
Kristen M. Ludgate will receive the company’s standard compensation for non-employee directors. The filing does not detail specific amounts or components of this standard compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): September 17, 2026
AMERICAN TOWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||||||||||||
(Address of Principal Executive Offices) (Zip Code)
(617 ) 375-7500
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On September 17, 2026, the Board of Directors (the “Board”) of American Tower Corporation (the “Company”) elected Kristen M. Ludgate as a director and member of its Compensation and Human Capital Committee, effective immediately. In accordance with the Company’s Amended and Restated By-Laws, Ms. Ludgate will serve as a director until the Company’s 2027 Annual Meeting of Stockholders and until her successor is duly elected and qualified.
Ms. Ludgate most recently served as Chief People Officer of HP Inc., a global technology company, from 2021 to 2025, where she led culture, talent and organizational strategies to accelerate the company's transformation and worked closely with HP's chief executive officer and board of directors on succession, compensation and corporate strategy. Prior to HP, Ms. Ludgate spent over 15 years at 3M Company, where she held two c-suite roles, as Executive Vice President and Chief Human Resources Officer and as Senior Vice President, Communications and Enterprise Services, as well as executive leadership roles in Legal, Compliance and Human Resources.
Ms. Ludgate has extensive experience in governance, risk management, talent strategy and enterprise transformation, advising chief executive officers and boards of directors on strategic and operational matters. Ms. Ludgate currently serves on the board of directors of Associated Banc-Corp (Associated Bank), where she chairs the Compensation and Benefits committee, and previously served on the board of directors of OpenText Corporation.
For her service on the Board, Ms. Ludgate will receive the Company’s standard compensation for non-employee directors.
A copy of the Press Release (“Press Release”) announcing the appointment of Ms. Ludgate to the Board is is filed herewith as Exhibit 99.1.
Item 8.01 Other Events.
On September 18, 2026, the Company issued a press release announcing that the Board declared a cash distribution of $1.79 per share on shares of the Company’s common stock, payable on October 20, 2026 to the stockholders of record at the close of business on September 30, 2026.
A copy of the Press Release is filed herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| 99.1 | Press Release, dated September 18, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMERICAN TOWER CORPORATION | |||||||||||
| (Registrant) | |||||||||||
| Date: | September 18, 2026 | By: | /s/ Rodney M. Smith | ||||||||
| Rodney M. Smith | |||||||||||
| Executive Vice President, Chief Financial Officer and Treasurer | |||||||||||
Exhibit 99.1
Contact: Spencer Kurn
Senior Vice President, Investor Relations
Telephone: (617) 375-7517
AMERICAN TOWER CORPORATION ANNOUNCES ELECTION OF KRISTEN M. LUDGATE TO BOARD OF DIRECTORS AND DECLARES QUARTERLY DISTRIBUTION
Boston, Massachusetts — September 18, 2026 — American Tower Corporation (NYSE: AMT) announced that its Board of Directors has elected Kristen M. Ludgate as a director.
Ms. Ludgate most recently served as Chief People Officer of HP Inc., a global technology company, from 2021 to 2025, where she led culture, talent and organizational strategies to accelerate the company's transformation and worked closely with HP's chief executive officer and board of directors on succession, compensation and corporate strategy. Prior to HP, Ms. Ludgate spent over 15 years at 3M Company, where she held two c-suite roles, as Executive Vice President and Chief Human Resources Officer and as Senior Vice President, Communications and Enterprise Services, as well as executive leadership roles in Legal, Compliance and Human Resources.
Ms. Ludgate has extensive experience in governance, risk management, talent strategy and enterprise transformation, advising chief executive officers and boards of directors on strategic and operational matters. Ms. Ludgate currently serves on the board of directors of Associated Banc-Corp (Associated Bank), where she chairs the Compensation and Benefits committee, and previously served on the board of directors of OpenText Corporation.
“We are pleased to welcome Kristen to our Board of Directors,” said Steve Vondran, President and Chief Executive Officer of American Tower. “Kristen’s decades of experience advising global organizations on governance, strategy, talent and transformation, combined with her extensive public company board experience, make her a strong fit with our Core Principles. Her broad and relevant background will provide valuable insight as we continue to advance our long-term growth strategy and deliver durable value for our shareholders.”
In addition, the Company's Board of Directors has declared a quarterly cash distribution of $1.79 per share on shares of the Company’s common stock. The distribution is payable on October 20, 2026 to the stockholders of record at the close of business on September 30, 2026.
About American Tower
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.
Cautionary Language Regarding Forward-Looking Statements
This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth under the caption “Risk Factors” in Item 1A of its most recent annual report on Form 10-K, and other risks described in documents the Company subsequently files from time to time with the
Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
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