I've owned shares of American Tower (NYSE: AMT) since before the data infrastructure company converted into a real estate investment trust (REIT) over a decade ago. That investment has paid off over the years. The company has since initiated a dividend (that has grown significantly) while also delivering attractive stock-price appreciation.

While I have added to my position several times over the years, I've been an especially heavy buyer this year. Here are the main factors driving my more recent buying binge.

American Tower has increased its dividend every year since becoming a REIT in 2012. It's grown that payout briskly over the years, delivering more than 20% compound annual growth from its initial rate.

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Source Fool.com