As voted by the Ostrich community! This video looks at American Tower, a US REIT that does not own traditional bricks and mortar but rather wireless communication towers that it leases out to customers including wireless carriers. Increased penetration of mobile devices combined with ~30% CAGR in data consumption per device (think video streaming) provides a favorable backdrop for $AMT. That said, the stock is not cheap, trading at 26x 2019 AFFO, based on company guidance. The stock also offers investors a 1.8% dividend yield. This video looks at key considerations for an investment in American Tower.

#REITs $AMT #dividends #investing