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IRDM Iridium Communications dividend history, payout ratio & dates

Iridium Communications's most recent quarterly dividend of $0.13 per share was on Mar 14, 2024 (ex-date). The annualized payout of $0.52 per share represents a current dividend yield of 1.7%.

Key dates

  • IRDM last dividend date: Mar 14, 2024
  • IRDM next dividend date: Not announced
IRDM dividend stats
DPS
$0.52
Dividend yield
1.7%
Payout ratio
247.6%
vs. Communication Services sector
Dividend yield
3.41%
Payout ratio
38.1%

Dividend yield

What is Iridium Communications current dividend yield

IRDM has a dividend yield of 1.7% which is lower than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 3.41%, Iridium Communications's dividend yield is 50% lower.

Dividend history

What is IRDM dividend payout history and dates

Our records of IRDM show that the company has issued four quarterly dividends in the last twelve months.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 14, 2024 Mar 29, 2024 Feb 2, 2024 $0.13 normal
Dec 14, 2023 Dec 29, 2023 Dec 4, 2023 $0.13 normal
Sep 14, 2023 Sep 29, 2023 Sep 5, 2023 $0.13 normal
Jun 14, 2023 Jun 30, 2023 May 8, 2023 $0.13 normal
Mar 14, 2023 Mar 30, 2023 Dec 8, 2022 $0.13 normal

Iridium Communications dividend payout ratio

What is Iridium Communications dividend payout ratio compared to the sector

Payout ratio

IRDM has a payout ratio of 247.6% which is higher than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 38.1%, Iridium Communications's payout ratio is 550% higher.

Total amount of dividends paid per financial year (from cash flow)

Frequently asked questions

Does Iridium Communications pay a dividend?

Iridium Communications has paid four dividends in the last 12 months.

When is Iridium Communications's next dividend?

Currently IRDM's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.

When was IRDM's last dividend?

Iridium Communications's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.13 per share.

How much dividend does Iridium Communications pay (per share)?

IRDM's annualized dividend per share is $0.52.

What is Iridium Communications's dividend yield?

The current dividend yield of Iridium Communications is 1.7%.

How often does Iridium Communications pay dividends?

Iridium Communications pays dividends quarterly.

What is Iridium Communications's dividend payout ratio?

The dividend payout ratio of Iridium Communications is 247.6%.

Does Iridium Communications pay a good dividend?

Iridium Communications's dividend yield is less than the Communication Services sector average.