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IRDM
Iridium Communications Inc.
United States flag NasdaqGS
$27.32
USD
-1.27
-4.44%

Market Cap $3,110.32M
Forward P/E 25.8x
Volume 959,755
Total Return (3M) -0.34%

Iridium Communications Inc. (IRDM)
Dividend Date & History

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Dividend Data

Iridium Communications Inc.’s (IRDM) dividend yield is 2.05%, which means that for every $100 invested in the company's stock, investors would receive $2.05 in dividends per year.

Iridium Communications Inc.’s payout ratio is 56.86% which means that 56.86% of the company's earnings are paid out as dividends. A low payout ratio may indicate that the company has a strong financial position and can invest in growth opportunities, while a high payout ratio may indicate that the company is returning most of its earnings to shareholders. IRDM’s annual dividend is $0.56 per share. This is the total amount of dividends paid out to shareholders in a year.

Iridium Communications Inc.’s (IRDM) ex-dividend date is , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

Iridium Communications Inc. (IRDM) pays dividends on a quarterly basis.

Dividend Yield 2.05%
Annual Dividend $0.56
Ex Dividend Date Sep 13, 2024
Dividend Growth 38.46%
Payout Ratio 56.86%
Payout Period Quarterly
Next Div Payment TBA
Cons. Yrs Growth 0

Dividend History and Growth

Iridium Communications Inc. (IRDM) dividend payments per share are an average of 38.46% over the past 12 months.

It is important to note that IRDM’s dividend history and growth can be affected by many factors, such as profitability, cash flow, and financial stability, as well as its growth prospects and dividend payout policies. Add IRDM to your watchlist to be aware of any updates.

Dividend Growth Table

1Y
3Y
5Y
10Y
Annualized Growth %
38.46%
-
-
-

Dividend Growth Graph

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Dividend Yield

IRDM dividend yield graph is a visual representation of Iridium Communications Inc.’s dividend yield over the last 12 months. This is useful for investors to understand IRDM’s historical dividend yield and to identify any trends or patterns in the company's dividend payments over time.

Dividend Yield Chart

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Shareholder Yield

Shareholder yield is a metric that measures the total return to shareholders through dividends, buybacks, and debt paydown. It is a ratio that compares the cash returned to shareholders over a period of time to the market capitalization of the company.

Iridium Communications Inc. (IRDM) shareholder yield graph below includes indicators for dividends, buybacks, and debt paydown, which allows investors to see how each component contributes to the overall shareholder yield.

It's important to note that shareholder yield is just one metric among many that investors may use to evaluate a company's financial health and its potential for future growth. It should be considered in conjunction with other financial metrics such as earnings, revenue, and debt levels to get a comprehensive understanding of a company's financial position.

Shareholder Yield Chart

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Shareholder Yield Chart
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Dividend Safety

Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.

Some specific indicators often used to assess Iridium Communications Inc. (IRDM) dividend safety include

  • Dividend payment history: Not available
  • Dividend payout ratio: A low payout ratio, typically less than 60%, indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Iridium Communications Inc.’s payout ratio is about 56.86%

It is worth noting that Dividend safety can change over time, and a company that was considered to have a high level of dividend safety in the past may no longer be considered safe today. Therefore, it is important to regularly monitor a company's financial performance and dividend payment history.

Dividend Safety Graph

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Comparing Iridium Communications Inc. to Other Stock

The percentile ranks table is a way to compare Iridium Communications Inc. (IRDM) dividend yield relative to its sector, country, and the world.

  • Dividend yield: IRDM’s latest value of 2.05% is the percentage of the current stock price that is paid out as dividends to shareholders. The relative to the sector, country, and world values (0.42, 0.41, and 0.46 respectively) indicate Iridium Communications Inc.’s dividend yield compared to others in its sector, country, and world. For example, a value of 0.41 relative to country means that Iridium Communications Inc.’s dividend yield is higher than 41% of companies in its country.

This table allows investors to quickly compare a company's dividend metrics to its peers in the sector, country, and the world, and evaluate its relative stability and growth potential.

Percentile Ranks Table

latest value
relative to sector
relative to country
relative to world
Dividend Yield
2.05%
0.42
0.41
0.46

Dividend FAQ

Does Iridium Communications Inc. pay dividends?

Iridium Communications Inc. (IRDM) pays dividends to its shareholders.

How much is Iridium Communications Inc.’s dividend?

Iridium Communications Inc.'s (IRDM) quarterly dividend per share was $0.14 as of .

When is Iridium Communications Inc.’s ex-dividend date?

Iridium Communications Inc.’s latest ex-dividend date was on . The IRDM stock shareholders received the last dividend payment of $0.14 per share on .

When is Iridium Communications Inc.’s next dividend payment date?

Iridium Communications Inc.’s next dividend payment has not been announced at this time.

Does Iridium Communications Inc. have sufficient earnings to cover its dividends?

Iridium Communications Inc. (IRDM) has a 56.86% payout ratio, which may leave the company with limited retained earnings, which could potentially impact its ability to reinvest in the business.

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