American Tower Corporation (NYSE: AMT) is recognized as one of the 12 Best REIT Dividend Stocks to Buy Now. The company owns, acquires, and develops communication real estate assets like cell towers and data centers, leasing space to wireless carriers and enterprise customers. AMT pays a quarterly dividend of $1.70 per share, yielding 3.52%.

AMT specializes in owning and operating the necessary land, buildings, and tower locations for mobile networks and internet infrastructure. It builds fiber-optic networks connecting 5G small cell locations to the wider internet, a crucial service as mobile connectivity becomes more essential. While AMT is a solid investment, some AI stocks offer greater potential upside with less downside risk.

For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available. Additionally, consider exploring reports on the 12 Best Dividend Aristocrat Stocks to Invest in Right Now and the 10 Highest Dividend-Paying Stocks in the S&P 500. No disclosures were made in this news article.

Read more at Yahoo Finance: Is American Tower (AMT) the Best Bet for Growth in REIT Dividend Stocks?