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IRDM Iridium Communications dividend history, payout ratio & dates

Iridium Communications's most recent dividend of $0.14 per share was on Dec 16, 2024 (ex-date). The annualized payout of $0.55 per share represents a current dividend yield of 1.77%.

Key dates

  • IRDM last dividend date: Dec 16, 2024
IRDM dividend stats
DPS
$0.55
Dividend yield
1.77%
Payout ratio
57.9%
vs. Communication Services sector
Dividend yield
3.38%
Payout ratio
41.4%

Dividend yield

What is Iridium Communications current dividend yield

IRDM has a dividend yield of 1.77% which is lower than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 3.38%, Iridium Communications's dividend yield is 48% lower.

Dividend history

What is IRDM dividend payout history and dates

Iridium Communications has a history of paying dividends since 2023. Our records of IRDM show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 6% for the last year. But since the stock price has gone up by 7% from a year ago, the dividend yield has decreased by 0.9%.

Recent dividends

Ex-date Amount Yield (TTM)
Dec 16, 2024 $0.14 1.82%
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

What is Iridium Communications dividend payout ratio compared to the sector

Payout ratio

IRDM has a payout ratio of 57.9% which is higher than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 41.4%, Iridium Communications's payout ratio is 40% higher.

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

Frequently asked questions

Does Iridium Communications pay a dividend?

Yes, Iridium Communications has been paying dividends for the last two years.

When was IRDM's last dividend?

Iridium Communications's last dividend ex-date was on Dec 16, 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 $0.55.

What is Iridium Communications's dividend yield?

The current dividend yield of Iridium Communications is 1.77%.

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 57.9%.

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.