---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-233229"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2021-08-02T23:59:59+00:00"
generated_at: "2026-06-29T23:43:55.203418+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SBA Communications beats Q2 estimates, raises AFFO guidance; declares $0.58 dividend

## Summary
- Net income $152.7M ($1.37 EPS) vs $23.1M ($0.20) YoY; total revenue $575.5M.
- AFFO per share $2.64, up 15.3% YoY; full-year AFFO per share guidance raised to $10.23-$10.43.
- Site leasing revenue $524.1M (+8.6%); site development revenue $51.4M (+107.2%).
- Issued $1.165B Tower Securities at 1.631%; extended $1.5B credit facility post-quarter.
- Dividend $0.58/share payable Sept 23, 2021 to holders of record Aug 26, 2021.

## SEC filing metadata
- accession: 0001193125-21-233229
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2021-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034054/000119312521233229/0001193125-21-233229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312521233229/d214114d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-233229
- JSON: https://secwatch.observer/filing/0001193125-21-233229.json
- Plain text: https://secwatch.observer/filing/0001193125-21-233229.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.