IRDM Iridium Communications dividend history, payout ratio & dates
Iridium Communications's most recent dividend of $0.14 per share was on Sep 13, 2024 (ex-date). The annualized payout of $0.54 per share represents a current dividend yield of 1.9%.
Key dates
- IRDM last dividend date: Sep 13, 2024
IRDM dividend stats
vs. Communication Services sector
Dividend yield
IRDM has a dividend yield of 1.9% which is lower than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 3.07%, Iridium Communications's dividend yield is 38% lower.
Dividend history
Our records of IRDM show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 38% for the last year. And since the stock price has gone down by 22% from a year ago, the dividend yield has increased by 78%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.14 | 2% |
| Jun 14, 2024 | $0.14 | 2% |
| Mar 14, 2024 | $0.13 | 1.9% |
| Dec 14, 2023 | $0.13 | 1.28% |
| Sep 14, 2023 | $0.13 | 0.81% |
| Jun 14, 2023 | $0.13 | 0.43% |
| Mar 14, 2023 | $0.13 | 0.21% |
Iridium Communications dividend payout ratio
Payout ratio
IRDM has a payout ratio of 57.4% which is higher than the Communication Services sector average but lower than the industry average. If we compare it with the Communication Services sector average of 50.8%, Iridium Communications's payout ratio is 13% 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 was IRDM's last dividend?
Iridium Communications's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.14 per share.
How much dividend does Iridium Communications pay (per share)?
IRDM's annualized dividend per share is $0.54.
What is Iridium Communications's dividend yield?
The current dividend yield of Iridium Communications is 1.9%.
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 57.4%.
Does Iridium Communications pay a good dividend?
Iridium Communications's dividend yield is less than the Communication Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.