You asked: Will Iron Mountain cut its dividend?

Can Iron Mountain sustain its dividend?

Iron Mountain expects 2021 organic revenue and adjusted EBITDA to grow by 2-6% and 7-10%, respectively. … In light of Iron Mountain’s stabilizing results, we are returning the company to a Borderline Safe Dividend Safety Score.

What is the dividend payout for Iron Mountain?

Dividend History for Iron Mountain, Inc. (IRM)

Ex-Div. Date Amount Yield
9/13/2019 $0.611 7.5%
6/14/2019 $0.611 7.7%
3/14/2019 $0.611 7%
12/14/2018 $0.611 7%

Is Iron Mountain a safe investment?

At its core, Iron Mountain (NYSE: IRM) is a secure storage company, with operations in both physical and digital spaces. Historically, storage has been a fairly reliable business, but the future here is going to cost a lot of money to build.

Is Iron Mountain a good long term investment?

That means EPS growth is considered a real positive by most successful long-term investors. As a tree reaches steadily for the sky, Iron Mountain’s EPS has grown 21% each year, compound, over three years. If the company can sustain that sort of growth, we’d expect shareholders to come away winners.

Which stock has the highest dividend?

Dividend Aristocrat Companies With the Highest Dividends

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Company Dividend yield
AT&T (T) 6.93%
T Rowe Price (TROW) 6.15%
ExxonMobil (XOM) 5.80%
Chevron (CVX) 5.05%

How often do Iron Mountain pay dividends?

Iron Mountain’s next quarterly dividend payment of $0.6180 per share will be made to shareholders on Wednesday, October 6, 2021.

What stocks pay dividend monthly?

The following seven monthly dividend stocks all yield 6% or more.

  • AGNC Investment Corp. ( ticker: AGNC) …
  • Gladstone Capital Corp. ( GLAD) …
  • Horizon Technology Finance Corp. ( HRZN) …
  • LTC Properties Inc. ( LTC) …
  • Main Street Capital Corp. ( MAIN) …
  • PennantPark Floating Rate Capital Ltd. ( PFLT) …
  • Pembina Pipeline Corp. ( PBA)

What months does IRM pay dividends?

IRM Dividend History

  • Sep 13, 2021. $0.62. Quarterly. ― …
  • Jun 13, 2021. $0.62. Quarterly. May 05, 2021. …
  • Mar 11, 2021. $0.62. Quarterly. Feb 21, 2021. …
  • Dec 13, 2020. $0.62. Quarterly. Nov 02, 2020. …
  • Sep 13, 2020. $0.62. Quarterly. Aug 03, 2020. …
  • Jun 11, 2020. $0.62. Quarterly. May 05, 2020. …
  • Mar 12, 2020. $0.62. Quarterly. …
  • Dec 12, 2019. $0.62. Quarterly.

Is Iron Mountain a good stock buy?

In summary, the stock of Iron Mountain (NYSE:IRM, 30-year Financials) appears to be significantly overvalued. The company’s financial condition is poor and its profitability is fair. Its growth ranks better than 77% of the companies in REITs industry.

Is IRM a buy or sell?

The Goldman Sachs Group is very positive about IRM and gave it a “Buy” rating on May 13, 2021.

Is IRM dividend safe?

Iron Mountain Dividends per Share. … And, in terms of the payout ratio, its dividend safety score isn’t as good as it was before. However, assuming analysts are right about Iron Mountain delivering 15 percent growth in 2021, its payout ratio could improve to 75 percent.

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Why did Iron Mountain stock go up?

Higher volume in faster-growing markets and efficient revenue-management efforts resulted in robust organic growth for its storage rental revenues. Iron Mountain has ample financial flexibility to meet its near-term debt obligations and other capital commitments, while pursuing growth opportunities.