Iron Mountain Incorporated

NYSE:IRM Stock Report

Market Cap: US$34.2b

Iron Mountain Dividends and Buybacks

Dividend criteria checks 3/6

Iron Mountain is a dividend paying company with a current yield of 2.46%. Next payment date is on 7th January, 2025 with an ex-dividend date of 16th December, 2024.

Key information

2.5%

Dividend yield

-0.03%

Buyback Yield

Total Shareholder Yield2.4%
Future Dividend Yield2.6%
Dividend Growth-2.7%
Next dividend pay date07 Jan 25
Ex dividend date16 Dec 24
Dividend per shareUS$2.860
Payout ratio157%

Recent dividend and buyback updates

Recent updates

Iron Mountain: Deserves A Downgrade, Overly Expensive Here

Sep 21

Iron Mountain Stock Is Clearly Overvalued

Aug 22

Iron Mountain: Overbought, Rising Debt, And AI Relevance (Technical Analysis)

Jun 28

Iron Mountain Q1: Impending Dividend Raise May Justify Its Investment Thesis

May 15

Iron Mountain Has No Lack Of Catalysts But Is Fully Valued Now

Mar 29

Iron Mountain: The Generative AI Hype Is Unstoppable

Feb 25

Iron Mountain: Narrative-Driven Market Pricing

Feb 05

Iron Mountain: Expensive Relative To Other REITs (Rating Downgrade)

Jan 07

Up 40%, A Closer Look At 4%-Yielding Iron Mountain

Dec 23

Iron Mountain: Put This REIT On Your Shopping List After A Record Quarter

Nov 08

Iron Mountain: Graham's Wisdom On Rates And Defensive Stocks (Rating Downgrade)

Oct 06

Iron Mountain: Capitalizing On The Generative AI Boom

Aug 28

Iron Mountain: Wide Moat, Record Earnings, 5% Dividend Hike

Aug 13

Iron Mountain: Little Upside Left

Jul 27

Iron Mountain: Wide Moat Dividend REIT, Record Q1 Revenue

Jun 09

Iron Mountain: Buy This REIT For 'Mountainous' Dividend Income

Jun 02

Upcoming Dividend Payment

TodayNov 21 2024Ex Dividend DateDec 16 2024Dividend Pay DateJan 07 202522 days from Ex DividendBuy in the next 25 days to receive the upcoming dividend

Stability 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
How does IRM dividend yield compare to the market?
SegmentDividend Yield
Company (IRM)2.5%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Specialized REITs)3.6%
Analyst forecast (IRM) (up to 3 years)2.6%

Notable Dividend: IRM's dividend (2.46%) is higher than the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: IRM's dividend (2.46%) is low compared to the top 25% of dividend payers in the US market (4.32%).


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.


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