Key Highlights

  • ATN's $0.29 quarterly dividend has an October 2, 2026 ex-dividend date, an October 3 record date and an October 9 payment date.
  • Second-quarter revenue was $184.5 million versus $181.3 million, and Adjusted EBITDA was $49.7 million, up 9%, with a 27.0% margin.
  • GAAP net income attributable to ATN stockholders was $167.3 million, or $10.71 per diluted share, including a $229.9 million tower sale gain.
  • The initial closing of the US Tower Portfolio Sale delivered $268 million in cash, and the repurchase authorization was raised to $30 million.

Overview

ATN International, Inc.'s (NASDAQ:ATNI) $0.29 quarterly dividend yields 4.15% and was declared on September 23, 2026, the same amount paid July 8. The June 2026 declaration raised the rate 5.5% from $0.275. Second-quarter GAAP diluted earnings were $10.71 per share, which includes the gain on the US Tower Portfolio Sale.

Dividend Program and Shareholder Returns

ATN's Board declared a quarterly dividend of $0.29 per share, payable October 9, 2026 on all common shares outstanding to stockholders of record as of October 3, 2026. October 3 is a Saturday, and the ex-dividend date for this payment is October 2.

On June 18, 2026, the Board declared $0.29, a 5.5% increase from the previous $0.275, paid July 8 to stockholders of record as of June 30. The company states it has delivered a quarterly dividend to stockholders since 1999.

About the Company

ATN International, headquartered in Beverly, Massachusetts, provides digital infrastructure and communications services in the United States and internationally, including the Caribbean, with a focus on rural and remote markets. Its subsidiaries provide wireless and wireline connectivity to residential, business and government customers, along with carrier and enterprise services such as fiber transport and communications tower facilities.

Financial Performance Behind the Payout

ATN reported second-quarter revenues of $184.5 million, up $3.2 million, or 2%, from $181.3 million. The company cited carrier services revenues and demand for fixed and other ancillary services, partly offset by a lower fixed consumer revenue tied to the loss of a government subsidy and lower construction revenues. International revenue was $96.2 million, and U.S. Telecom revenue was $88.3 million.

Operating income was $239.7 million versus $0.2 million. GAAP net income attributable to ATN stockholders was $167.3 million, or $10.71 per diluted share, versus a net loss of $7.0 million, or $0.56 per share. Adjusted EBITDA, a non-GAAP measure, was $49.7 million versus $45.8 million, with a margin of 27.0% versus 25.3%.

Net cash provided by operating activities was $53.5 million for six months versus $59.8 million, which the company attributed primarily to operating cash movements related to the tower sale.

A Tower Sale Gain Reported Separately From Operating Results

The $229.9 million gain was recorded on the initial closing of the US Tower Portfolio Sale, which delivered $268 million in cash. Cash, cash equivalents and restricted cash were $331.9 million at June 30 versus $117.2 million at December 31, 2025. Total debt was $513.3 million versus $565.2 million, and the Net Debt Ratio was 0.91 times.

On July 31, 2026, the Board raised the share repurchase authorization by $15 million to $30 million. No shares were repurchased in the second quarter, and $15 million was available under the prior authorization at June 30.

Outlook

ATN reaffirmed its 2026 outlook with its second-quarter results. Adjusted EBITDA margin, carrier services revenue, the effect of the lost government subsidy on fixed consumer revenue and use of the $30 million repurchase authorization are among the items the company reports.