---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-057959"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:23:19.133964+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SBA Communications Q4 revenue up 11.1%; AFFO per share +13.3%; dividend +22%

## Summary
- Total revenue $595.3M, up 11.1% YoY; site leasing revenue $539.4M (+9.4%).
- AFFO per share $2.81, up 12.9% reported (13.3% constant currency).
- Net income $48.9M ($0.44 diluted EPS) vs $105.8M in prior year.
- Quarterly dividend raised 22% to $0.71/share, payable March 25, 2022 to holders of record March 10.
- Repurchased 1.8M shares cumulatively in Q4 and after quarter end; FY 2022 guidance provided.

## SEC filing metadata
- accession: 0001193125-22-057959
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2022-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034054/000119312522057959/0001193125-22-057959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312522057959/d187289d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-057959
- JSON: https://secwatch.observer/filing/0001193125-22-057959.json
- Plain text: https://secwatch.observer/filing/0001193125-22-057959.txt

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