---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-187567"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:37:08.587941+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SBA Communications Reports Q2 2024 Net Income of $159.5M, AFFO per Share $3.29, Declares $0.98 Dividend

## Summary
- Net income of $159.5 million or $1.51 per diluted share for Q2 2024
- AFFO per share of $3.29, up 1.5% from Q2 2023
- Quarter-ending Net Debt to Annualized Adjusted EBITDA leverage ratio of 6.4x
- Board declared quarterly cash dividend of $0.98 per share, payable September 18, 2024
- CEO Brendan Cavanagh cited solid US leasing activity and increased international leasing

## SEC filing metadata
- accession: 0001193125-24-187567
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2024-07-29T23:59:59+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/1034054/000119312524187567/0001193125-24-187567-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312524187567/d859348d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-187567
- JSON: https://secwatch.observer/filing/0001193125-24-187567.json
- Plain text: https://secwatch.observer/filing/0001193125-24-187567.txt

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