About Boston Omaha Corporation (BOMN) — Dividend Analysis 2026
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and investment businesses. The company provides high-speed internet service to approximately 7,000 subscribers in communities in southern Arizona; and 10,000 subscribers in Salt Lake City, Park City, Ogden, Provo, and surrounding communities. As of March 26, 2021, it operated approximately 3,200 billboards containing approximately 6,000 advertising faces of which 60 are digital displays. The company was formerly known as REO Plus, Inc. and changed its name to Boston Omaha Corporation in March 2015. Boston Omaha Corporation was incorporated in 2009 and is headquartered in Omaha, Nebraska.
Is BOMN a good dividend investment in 2026?
BOMN offers a 7.76% forward yield with a 50% payout ratio. Strand Safety Score: 0/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
BOMN DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your BOMN portfolio grows to $11.05M vs $10.25M without reinvestment. This is the compound interest effect in action.
BOMN dividend growth history & forecast
BOMN has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 7.76%.
Company generates negative FCF ($-10M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-0.0B → -0.0B → +0.1B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
0
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 BOMN Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold BOMN.
Gross yield
7.76%
Tax rate
15.00%
After-tax yield
6.60%
Real yield (−CPI)
3.80%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
7.76%
4.96%
$776 / yr
🇺🇸 US Taxable (15%) ✓
15%
6.60%
3.80%
$660 / yr
🇺🇸 US Taxable (20%)
20%
6.21%
3.41%
$621 / yr
🇬🇧 UK ISA
0%
7.76%
4.96%
$776 / yr
🇬🇧 UK Taxable
8.75%
7.08%
4.28%
$708 / yr
🇨🇦 TFSA
0%
7.76%
4.96%
$776 / yr
🇨🇦 CA Taxable
25%
5.82%
3.02%
$582 / yr
🇦🇺 Super (pension)
15%
6.60%
3.80%
$660 / yr
🇦🇺 AU Taxable
30%
5.43%
2.63%
$543 / yr
🇩🇪 DE Taxable
26.375%
5.71%
2.91%
$571 / yr
🇫🇷 FR Taxable
30%
5.43%
2.63%
$543 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 BOMN Income Goal & Break-Even
Dividend Break-Even
16yr
Years for dividends to fully repay your BOMN investment of $25.76/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$7.0K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$4.5K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in BOMN for:
Shares needed
14,118
Capital required
$363,680
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 BOMN Dividend Payment Schedule
BOMN pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 BOMN vs Communication Services Benchmarks
How BOMN compares to typical Communication Services averages.
Benchmark: Communication Services
Dividend Yield▲+5.46% vs sectorBetter
BOMN
7.76%
avg
2.30%
5Y Dividend CAGR▼-5.20% vs sectorBelow avg
BOMN
0.00%
avg
5.20%
Payout Ratio▼+2.00% vs sectorBelow avg
BOMN
50.00%
avg
48.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for BOMN sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ BOMN Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
MAGNOLIA BOC I, LP
director:
J-Other
2022-05-25
1,400,000
—
—
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🔬
Financial Health Scores
Piotroski F-Score
3/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the BOMN dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →