A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. Build conviction from in-depth coverage of the best dividend stocks. Iron Mountain: dividend is around 7%, and they use debt to finance it. See what's happening in the market right now with MarketBeat's real-time news feed. View which stocks are hot on social media with MarketBeat's trending stocks report. Find out how much your money can grow by using our Compounding Returns Calculator. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Become a Premium Member to “stick” up to 3 rows and access more exclusive benefits. Learn from industry thought leaders and expert market participants. Fixed income news, reports, video and more. Dividend Yield is the relation between a stock’s Annualized Dividend and its current stock price. Retirement news, reports, video and more. BOSTON-- (BUSINESS WIRE)-- Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, announced the tax treatment for all 2020 distributions on its common stock. Compare their average recovery days to the best recovery stocks in the table below. Iron Mountain expects a minimum dividend of $2.54 for 2020. Receive a free world-class investing education from MarketBeat. Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. If the last five payouts show limited variability, we estimate future payouts equal to the most recent one. Annualized Dividend is a standard in finance that lets you compare companies that have different payout frequencies. Iron Mountain pays an annual dividend of $2.47 per share and has a dividend yield of 6.6%. Dividend cover is perhaps the most widely interpreted dividend health metric. Municipal bonds news, reports, video and more. © American Consumer News, LLC dba MarketBeat® 2010-2021. If the last five payouts show variability and are not all growing, we estimate future payouts by applying the lowest growth rate (negative growth rates included) to the most recent payment. If a stock’s yield is above or near the market average then it will be rated higher within this parameter. You take care of your investments. Check out securities going ex-dividend this week with an increased payout . As of today (2021-03-21), the Dividend Yield % of Iron Mountain is 6.91%.. During the past 13 years, the highest Trailing Annual Dividend Yield of Iron Mountain was 11.15%.The lowest was 0.22%.And the median was 5.19%.. Iron Mountain's Dividends per Share for the months ended in Dec. 2020 was $0.62.. During the past 12 months, Iron Mountain's average Dividends Per Share Growth … The transition from the classroom to the workforce has been a difficult one... Special dividend stocks and how these payouts work. Fwd Payout Ratio is used to examine if a company’s earnings can support the current dividend payment amount. Practice management news, reports, video and more. Review IRM (XNYS) dividend yield and history, to decide if IRM is the best investment for you. In depth view into Iron Mountain Dividend Payout Ratio explanation, calculation, historical data and more IRM Dividend Payout Ratio | Iron Mountain - GuruFocus.com Iron Mountain's High Dividend Yield Comes With Risks The narrow-moat REIT has been funding its payout with debt and will need to execute on its acquisition ambitions to support its dividend. Iron Mountain (IRM) Declares $0.611 Quarterly Dividend; 7.8% Yield. Corporations and investors have cheered the recent Republican tax overhaul. Iron Mountain's dividend yield is a meaty 7.3%, near all-time highs for that crucial metric. Iron Mountain Incorporated (IRM) will begin trading ex-dividend on March 12, 2021. Iron Mountain has raised its regular dividend in nine out of the last 10 years, and it has increased it by 30% over the last five years to $0.62 quarterly. It divides the Forward Annualized Dividend by FY1. A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. 03/15/2021. Get daily stock ideas top-performing Wall Street analysts. During the oil crash of 2014-2016, when over 100 oil producers went bankrupt, we saw a similar sharp spike in junk bond yields. Iron Mountain's 8.2% dividend yield is compelling for some investors but comes with risks. Hand picked by analysts based on Dividend.com rating system. 1 Funds from operations per share Iron Mountain pays an annual dividend of $2.47 per share, with a dividend yield of 6.52%. Does Iron Mountain have sufficient earnings to cover their dividend? Learn everything you need to know about successful options trading with this three-part video course. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Compare IRM to Popular Real Estate Sector Dividend Funds, Compare IRM to Popular Real Estate Sector Dividend ETFs. Cash. For ETFs and Mutual Funds, return of capital and capital gains distributions are not included. You can opt out at any time. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Iron Mountain Inc generated 1.16 in FCF PS. Stay up to date with timely dividend news. The company's previous quarterly dividend per share was $0.5875, representing an increase of 4%, consistent with the company's 2020 growth plan. This merits a deduction in the SafetyNet Pro grading system. Iron Mountain (IRM) Declares $0.611 Quarterly Dividend; 6.7% Yield. 2 months ago - Seeking Alpha. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Business Analysis. But Iron Mountain has a consistently high payout ratio of more than 100% using funds from operations (FFO). This guidance is lower than its historic dividend growth rate of 18% annually over the last five years, but more in line with its historic cash flow growth rate. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Iron Mountain has guided for 4% annual dividend increases through 2020. Is Dividend Investing Good for Millennials? Cash. Make short-term dividend income. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. So Iron Mountain’s dividend sits well within my comfort zone. Our Dividend Growth Score answers the question, “How fast is the dividend likely to grow?” It considers many of the same fundamental factors as the Safety Score but places more weight on growth-centric metrics like sales and earnings growth and payout ratios. See More. Get short term trading ideas from the MarketBeat Idea Engine. ASX CDI Payment Date. Whether youâre looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Dividend Uptrend A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. IRM Dividend Payout Ratio as of today (April 12, 2021) is 0.72. IRM's next quarterly dividend payment will be made to shareholders of record on Tuesday, April 6. Our Accessibility Statement | Terms of Service | Do Not Sell My Information. Browse our guide to explore. And not just because it provides a frothy annual dividend of 8.4% (with a trailing annual dividend of 8.42% and a five-year trailing dividend of 6.9%). Portfolio management news, reports, video and more. Iron Mountain goes ex-dividend tomorrow SA Breaking News 03/11 11:42 ET. Global Net Lease pays an annual dividend of $1.60 per share and has a dividend … Buy the Stock One Day Before the Ex-Dividend Date. (1) Qualified Taxable Dividend and Section 199A Dividend are subsets of, and included in, Ordinary Taxable Dividend. The current TTM dividend payout for Iron Mountain (IRM) as of April 07, 2021 is $2.47. Upgrade to Premium to access your Watchlist and more. Iron Mountain’s Dividend Growth Score is 45, indicating that it’s overall dividend growth potential is about average compared to the broader market. This is lower than the dividend payout 2.46 and indicates that the company has not generated enough FCF to cover dividends over the past twelve months. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. All stock quotes on this website should be considered as having a 24-hour delay. The company has increased its annual payouts every year since the dividend policy was started. But due to a nationwide lockdown and the growing remote-work trend, those revenues have dried up. Iron Mountain Inc (NYSE:IRM) is an excellent high-growth real estate investment trust (REIT) that investors should keep on their radar in 2021. All rights reserved. Monthly payments from Quarterly Payers ››. Want to see which stocks are moving? Current Dividend Yield and Payouts Iron Mountain has quarterly dividends of $.618, equaling $2.474 in annual payouts and a dividend yield of 9.39%. Learn more. In depth view into Iron Mountain Dividend including historical data from 1996, charts, stats and industry comps. IRM Dividend History & Description — Iron Mountain Inc (New) Iron Mountain is a holding company. Because Iron Mountain's core storage business lacks growth, the company is attempting to expand into data centers. 02/24/2021. 95% of fortune 1000 companies today still use IRM's services. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. $0.6185. Fundamental company data provided by Zacks Investment Research. Best REIT Pick Of The Year: 8.8% Yield Iron Mountain. The company has an adjusted funds from operations (AFFO) payout ratio of 78%, which indicates that the dividend is well covered. Please log in to your account or sign up in order to add this asset to your watchlist. Estimates are provided for securities with at least 5 consecutive payouts, special dividends not included. No, IRM's past year earnings per share was $1.19, and their annual dividend per share is $2.47. Iron Mountain Incorporated has returned to shareholders over the past 8 years, an average dividend yield of 5.00% annually.Does Iron Mountain tick all the boxes of a great dividend … © 2020  Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright © 2014. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. Iron Mountain is a rather unique REIT combining document storage and industrial operations. We like that. Iron Mountain Incorporated is the global leader for storage and information management solutions. Iron Mountain's 8.2% dividend yield is compelling for some investors but comes with risks. Iron Mountain pays out 107.86% of its earnings out as a dividend. 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Iron Mountain Inc has earned steady income from services like shredding and document retrieval. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257 Reviewing Iron Mountain's Dividend Safety First, it's worth noting that a major reason why junk bond yields spiked in 2018 is due to fears of another prolonged oil crash. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. Find the latest dividend history for Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM) at Nasdaq.com. A stock’s Earnings Growth rating evaluates a company’s expected. Estimates are not provided for securities with less than 5 consecutive payouts. 11/04/2020. Iron Mountain (NYSE:IRM) Dividend Information Iron Mountain pays an annual dividend of $2.47 per share, with a dividend yield of 6.58%. Upgrade to Premium to get unlimited access to Ratings, Recommendations, Payout Estimates, and more. View our full suite of financial calendars and market data tables, all for free. Iron Mountain is part of Real Estate Investment Trusts business, which is part of Financials industry. Iron Mountain thus sees a dividend per share of $2.54 during fiscal 2020. A look at Iron Mountain Inc (NYQ:IRM)’s dividend cover. The current dividend yield for Iron Mountain as of April 07, 2021 is 6.60%. Iron Mountain only began paying a dividend in 2010 but has raised its payout every year since then. NYSE Shares Payment Date. IRM's dividend payout ratio is 207.9%, which is not sustainable. In a nutshell, Iron Mountain not only pays a high dividend, but the dividend is pretty safe. Learn about financial terms, types of investments, trading strategies and more. Reproduction of such information in any form is prohibited. Dividend Capture Avg Days for Stock Price Recovery, Strategic Advisers® Fidelity® Core Income Fund, DFA Global Real Estate Securities Portfolio, First Trust Preferred Securities and Income ETF, Vanguard Global ex-U.S. Real Estate Index Fund, Automatic Data Processing Inc. Increases Dividend by 14.49%, Market Wrap for February 24: Home Depot Builds Better Profits, The Market Glance for February 20: Walmart Readies Its Report. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 3.41% each year. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 3 High-Dividend REITs to Buy in March Yahoo 03/05 15:00 ET. View Payout Estimates For The Next 12 Months. Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information. The previous Iron Mountain Inc. dividend was 61.85c and it went ex 4 months ago and it was … The relative strength of a dividend stock indicates whether the stock is uptrending or not. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. The major determining factor in this rating is whether the stock is trading close to its 52-week-high. About Iron Mountain Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. To see all exchange delays and terms of use, please see disclaimer. To see all exchange delays and terms of use please see disclaimer. Iron Mountain Announces Participation in Citi’s 2021 Virtual Global Property CEO Conference Yahoo 03/04 16:30 ET. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Iron Mountain is a company from USA, and his stocks are publicly traded.. Iron Mountain paid a total dividend of 711 million USD last year, for a market value of … Of course, you can’t call IRM stock a slam dunk. 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Because Iron Mountain's core storage business lacks growth, … IRM's most recent quarterly dividend payment was made to shareholders of record on Tuesday, April 6. Learn more. If the last five payouts show variability and are all growing, we estimate future payouts by applying the average growth rate to the most recent payout. Export data to Excel for your own analysis. Identify stocks that meet your criteria using seven unique stock screeners. Not sure where to start? The company last r… transitioning to digital storage. Scores of 50 are average, 75 or higher is very good, and 25 or lower is considered weak. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 04/06/2021. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. * Annualized return assumes initial investment is continually reinvested in similar BDC stocks. A cash dividend payment of $0.618 per share is scheduled to be paid on April 06, 2021. Through its subsidiaries, Co. stores physical records and data backup media, providing information management solutions, and providing data center space for colocation and hyperscale deployments. Dividends. Please help us personalize your experience.