Iron Mountain Incorporated (NYSE:IRM) Plans $0.86 Quarterly Dividend

Iron Mountain Incorporated (NYSE:IRMGet Free Report) announced a quarterly dividend on Thursday, February 12th. Investors of record on Monday, March 16th will be given a dividend of 0.864 per share by the financial services provider on Friday, April 3rd. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Monday, March 16th.

Iron Mountain has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 3 years. Iron Mountain has a dividend payout ratio of 148.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Iron Mountain to earn $5.03 per share next year, which means the company should continue to be able to cover its $3.45 annual dividend with an expected future payout ratio of 68.6%.

Iron Mountain Trading Up 5.6%

Shares of IRM traded up $5.57 during mid-day trading on Thursday, reaching $105.79. The company’s stock had a trading volume of 5,864,195 shares, compared to its average volume of 2,113,689. The stock has a market cap of $31.27 billion, a PE ratio of 199.62 and a beta of 1.16. The company’s fifty day moving average price is $87.87 and its two-hundred day moving average price is $93.53. Iron Mountain has a 52 week low of $72.33 and a 52 week high of $110.91.

Iron Mountain (NYSE:IRMGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.05. Iron Mountain had a net margin of 2.40% and a negative return on equity of 112.70%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same period in the prior year, the business posted $1.24 earnings per share. The company’s revenue was up 16.6% on a year-over-year basis. Iron Mountain has set its FY 2026 guidance at 5.690-5.790 EPS and its Q1 2026 guidance at 1.390-1.390 EPS. Research analysts anticipate that Iron Mountain will post 4.54 EPS for the current year.

Iron Mountain News Summary

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Iron Mountain Company Profile

(Get Free Report)

Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.

Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.

Further Reading

Dividend History for Iron Mountain (NYSE:IRM)

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