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Iridium Communications (IRDM) Dividend Yield, Date & History

$29.07
+1.27 (+4.57%)
(As of 07/26/2024 ET)

Dividend Summary

Dividend Yield
1.93%
Annual Dividend
$0.56
Dividend Payout Ratio
266.67%
Recent
Dividend Payment
Jun. 28
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Iridium Communications vs. The Competition

TypeIridium CommunicationsComputer CompaniesNASDAQ Companies
Annual Dividend$0.56$3.73$1.24
Dividend Yield1.93%267.26%395.29%
Annualized 3-Year Dividend Growth0.00%1,221.58%1,417.88%

Iridium Communications Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings266.67%
Based on This Year's Estimates72.73%
Based on Next Year's Estimates57.14%
Based on Cashflow19.55%

Iridium Communications Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/21/2024Quarterly$0.141.87%6/14/20246/14/20246/28/2024
2/2/2024quarterly$0.131.7%3/14/20243/15/20243/29/2024
12/4/2023Quarterly$0.131.3%12/14/202312/15/202312/29/2023
9/5/2023Quarterly$0.131.07%9/14/20239/15/20239/29/2023
5/4/2023quarterly$0.130.8%6/14/20236/15/20236/30/2023
12/8/2022quarterly$0.131.05%3/14/20233/15/20233/30/2023
(Data available from 1/1/2013 forward)

Iridium Communications Dividend - Frequently Asked Questions

What is Iridium Communications's dividend yield?

The current dividend yield for Iridium Communications is 1.93%. Learn more on IRDM's dividend yield history.

How much is Iridium Communications's annual dividend?

The annual dividend for IRDM shares is $0.56. Learn more on IRDM's annual dividend history.

How often does Iridium Communications pay dividends?

Iridium Communications pays quarterly dividends to shareholders.

When was Iridium Communications's most recent dividend payment?

Iridium Communications's most recent quarterly dividend payment of $0.14 per share was made to shareholders on Friday, June 28, 2024.

When was Iridium Communications's most recent ex-dividend date?

Iridium Communications's most recent ex-dividend date was Friday, June 14, 2024.

When did Iridium Communications last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, May 21, 2024.

What is Iridium Communications's dividend payout ratio?
The dividend payout ratio for IRDM is:
  • 266.67% based on the trailing year of earnings
  • 71.79% based on this year's estimates
  • 56.57% based on next year's estimates
  • 18.61% based on cash flow
Is Iridium Communications a good dividend stock?

Iridium Communications' dividend yield of 2.12% is lower than the average Computer and Technology company that issues a dividend. Iridium Communications' dividend payout ratio of 266.67% may not be sustainable. However, based on earnings estimates, IRDM will have a more sustainable dividend payout ratio of 56.57% next year.

This page (NASDAQ:IRDM) was last updated on 7/27/2024 by MarketBeat.com Staff

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