AMT

Cell Tower REIT: Growing Dividend, Paying Down Debt

The specialty REIT we review in this report focuses mainly on cell towers. The dividend is well covered and has a steady history of increases. Further, the company is virtually guaranteed revenue growth from rent escalators, not to mention the growing secular trends of mobile data usage and the Internet of Things. Further still, the company is working to improve its balance sheet. We review all the details, and then conclude with our opinion on who might want to consider investing.