Iron Mountain Dividends and Buybacks
Dividend criteria checks 3/6
Iron Mountain is a dividend paying company with a current yield of 2.72%. Next payment date is on 7th January, 2025 with an ex-dividend date of 16th December, 2024.
Key information
2.7%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | -3.0% |
| Next dividend pay date | 07 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | Mex$59.244 |
| Payout ratio | 157% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IRM1 *'s dividends per share have been stable in the past 10 years.
Growing Dividend: IRM1 *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Iron Mountain Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IRM1 *) | 2.7% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 6.8% |
| Industry Average (Specialized REITs) | 3.9% |
| Analyst forecast (IRM1 *) (up to 3 years) | 2.8% |
Notable Dividend: IRM1 *'s dividend (2.72%) is higher than the bottom 25% of dividend payers in the MX market (2.56%).
High Dividend: IRM1 *'s dividend (2.72%) is low compared to the top 25% of dividend payers in the MX market (6.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (156.8%), IRM1 *'s dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IRM1 * is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:10 |
| End of Day Share Price | 2024/11/15 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Iron Mountain Incorporated is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Gary Bisbee | Barclays |
| Brendan Lynch | Barclays |