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 | US$2.860 |
| Payout ratio | 157% |
Recent dividend and buyback updates
Recent updates
Iron Mountain: Well-Run REIT, Overpriced For Now
Dec 11Iron Mountain: Deserves A Downgrade, Overly Expensive Here
Sep 21Iron Mountain Stock Is Clearly Overvalued
Aug 22Iron Mountain: Overbought, Rising Debt, And AI Relevance (Technical Analysis)
Jun 28Iron Mountain Q1: Impending Dividend Raise May Justify Its Investment Thesis
May 15Iron Mountain Has No Lack Of Catalysts But Is Fully Valued Now
Mar 29Iron Mountain: The Generative AI Hype Is Unstoppable
Feb 25Iron Mountain: Narrative-Driven Market Pricing
Feb 05Iron Mountain: Expensive Relative To Other REITs (Rating Downgrade)
Jan 07Up 40%, A Closer Look At 4%-Yielding Iron Mountain
Dec 23Iron Mountain: Put This REIT On Your Shopping List After A Record Quarter
Nov 08Iron Mountain: Graham's Wisdom On Rates And Defensive Stocks (Rating Downgrade)
Oct 06Iron Mountain: Capitalizing On The Generative AI Boom
Aug 28Iron Mountain: Wide Moat, Record Earnings, 5% Dividend Hike
Aug 13Iron Mountain: Little Upside Left
Jul 27Iron Mountain: Wide Moat Dividend REIT, Record Q1 Revenue
Jun 09Iron Mountain: Buy This REIT For 'Mountainous' Dividend Income
Jun 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IRM's dividends per share have been stable in the past 10 years.
Growing Dividend: IRM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Iron Mountain Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IRM) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Specialized REITs) | 3.9% |
| Analyst forecast (IRM) (up to 3 years) | 2.8% |
Notable Dividend: IRM's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: IRM's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (156.8%), IRM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IRM is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:09 |
| End of Day Share Price | 2024/12/20 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 |