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 1.88%.
IRDM has a dividend yield of 1.88% which is lower than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 3.39%, Iridium Communications's dividend yield is 45% lower.
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. And since the stock price has gone down by 28% from a year ago, the dividend yield has increased by 47%.
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% |
IRDM has a payout ratio of 58.5% which is higher than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 52.3%, Iridium Communications's payout ratio is 12% higher.
Iridium Communications has paid four dividends in the last 12 months.
Iridium Communications's last dividend ex-date was on Dec 16, 2024. The dividend amount was $0.14 per share.
IRDM's annualized dividend per share is $0.55.
The current dividend yield of Iridium Communications is 1.88%.
Iridium Communications pays dividends quarterly.
The dividend payout ratio of Iridium Communications is 58.5%.
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.