Iron Mountain's last quarterly dividend payment of $0.65 per share was made to shareholders on record before Mar 14, 2024. The dividend payment stands at $2.57 per share annually, which equates to a dividend yield of 3.31%.
IRM has a dividend yield of 3.31% which is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 6.4%, Iron Mountain's dividend yield is 48% lower. Historically IRM's dividend yield has averaged at 6.0% in the last 5 years, which is above the current yield.
Iron Mountain has been paying dividends for the last 14 years. According to our records IRM has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 3.8% since one year ago. However with the stock price up by 44% from a year ago, the dividend yield marks a decrease of 28%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 4, 2024 | Feb 22, 2024 | $0.65 | normal |
| Dec 14, 2023 | Jan 4, 2024 | Nov 2, 2023 | $0.65 | normal |
| Sep 14, 2023 | Oct 5, 2023 | Aug 3, 2023 | $0.65 | normal |
| Jun 14, 2023 | Jul 6, 2023 | May 4, 2023 | $0.619 | normal |
| Mar 14, 2023 | Apr 5, 2023 | Feb 23, 2023 | $0.619 | normal |
| Dec 14, 2022 | Jan 5, 2023 | Nov 3, 2022 | $0.619 | normal |
| Sep 14, 2022 | Oct 4, 2022 | Aug 4, 2022 | $0.619 | normal |
| Jun 14, 2022 | Jul 6, 2022 | Apr 28, 2022 | $0.619 | normal |
| Mar 14, 2022 | Apr 6, 2022 | Feb 24, 2022 | $0.619 | normal |
| Dec 14, 2021 | Jan 6, 2022 | Nov 4, 2021 | $0.619 | normal |
| Sep 14, 2021 | Oct 6, 2021 | Aug 5, 2021 | $0.619 | normal |
| Jun 14, 2021 | Jul 6, 2021 | May 6, 2021 | $0.619 | normal |
| Mar 12, 2021 | Apr 6, 2021 | Feb 24, 2021 | $0.619 | normal |
| Dec 14, 2020 | Jan 6, 2021 | Nov 4, 2020 | $0.619 | normal |
| Sep 14, 2020 | Oct 2, 2020 | Aug 5, 2020 | $0.618 | normal |
| Jun 12, 2020 | Jul 2, 2020 | May 5, 2020 | $0.618 | normal |
| Mar 13, 2020 | Apr 6, 2020 | Feb 12, 2020 | $0.618 | normal |
| Dec 13, 2019 | Jan 2, 2020 | Oct 31, 2019 | $0.618 | normal |
| Sep 13, 2019 | Oct 2, 2019 | Jul 26, 2019 | $0.611 | normal |
| Jun 14, 2019 | Jul 2, 2019 | May 22, 2019 | $0.611 | normal |
| Mar 14, 2019 | Apr 2, 2019 | Feb 7, 2019 | $0.611 | normal |
| Dec 14, 2018 | Jan 3, 2019 | Oct 25, 2018 | $0.611 | normal |
| Sep 14, 2018 | Oct 2, 2018 | Jul 24, 2018 | $0.587 | normal |
| Jun 14, 2018 | Jul 2, 2018 | May 24, 2018 | $0.587 | normal |
| Mar 14, 2018 | Apr 2, 2018 | Feb 14, 2018 | $0.587 | normal |
| Dec 14, 2017 | Jan 2, 2018 | Oct 24, 2017 | $0.587 | normal |
| Sep 14, 2017 | Oct 2, 2017 | Jul 27, 2017 | $0.55 | normal |
| Jun 13, 2017 | Jul 3, 2017 | May 24, 2017 | $0.55 | normal |
| Mar 13, 2017 | Apr 3, 2017 | Feb 15, 2017 | $0.55 | normal |
| Dec 13, 2016 | Dec 30, 2016 | Oct 31, 2016 | $0.55 | normal |
| Sep 8, 2016 | Sep 30, 2016 | Jul 27, 2016 | $0.485 | normal |
| Jun 2, 2016 | Jun 24, 2016 | May 25, 2016 | $0.485 | normal |
| Mar 3, 2016 | Mar 21, 2016 | Feb 18, 2016 | $0.485 | normal |
IRM has a payout ratio of 407.8% which is higher than the Real Estate sector, the industry and its peers average. In comparison with the Real Estate sector average of 137.7%, Iron Mountain's payout ratio is 196% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PBI Pitney Bowes Inc | 4.84% | $0.2 | N/A |
| IRM Iron Mountain Inc | 3.31% | $2.57 | 407.8% |
| ADP Automatic Data Processing Inc | 2.18% | $5.3 | 61.3% |
| MCO Moodys Corp | 0.84% | $3.16 | 36% |
| EFX Equifax Inc | 0.7% | $1.56 | 34.4% |
| TW Tradeweb Markets Inc | 0.36% | $0.37 | 19.5% |
Yes, Iron Mountain has paid four dividends in the last 12 months. IRM has been paying dividends since 2010.
IRM hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2024.
Iron Mountain's last regular dividend was on Mar 14, 2024 (ex-date) with the amount of $0.65 per share.
On an annual basis IRM pays $2.57 per share.
Iron Mountain's current dividend yield is 3.31%.
Iron Mountain pays dividends quarterly.
The dividend payout ratio of Iron Mountain is 407.8%.
Iron Mountain's dividend yield is below the Real Estate sector average.