SBA Communications Corporation

Notes/Supplemental Information: 

SBA will not pay a dividend.  We are currently utilizing NOLs to offset REIT taxable income

This spreadsheet and the accompanying instructions do not constitute, and should not be considered a substitute for, legal advice. The rules governing the proper tax characterization of distributions by REITs can be complex. Each REIT should consult its own tax advisor regarding the proper tax characterization and reporting of the REIT’s distributions.