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Iridium Communications (IRDM) Dividend Yield, Date & History

Iridium Communications logo
$29.37 -0.83 (-2.75%)
(As of 12/17/2024 05:46 PM ET)

Iridium Communications Dividend Summary

Dividend Yield
1.91%
Annual Dividend
$0.56
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
59.57%

Iridium Communications (IRDM) pays an annual dividend of $0.56 per share, with a dividend yield of 1.91%. The next quarterly payment of $0.14 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Monday, December 16. The company currently pays out 59.57% of its earnings and 21.09% of its cash flow as dividends.

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IRDM Dividend Payments by Quarter

The chart below displays up to four years of Iridium Communications' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

IRDM Dividend Yield Over Time

The chart below tracks Iridium Communications' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Iridium Communications vs. The Competition

Compare Iridium Communications' annual dividend, yield, and 3-year growth rate with averages for Computer and NASDAQ companies to evaluate its performance against the market.

TypeIridium CommunicationsComputer CompaniesNASDAQ Companies
Annual Dividend$0.56$0.03$1.31
Dividend Yield1.91%2.70%4.06%
Annualized 3-Year Dividend Growth0.00%12.57%14.22%

Iridium Communications Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings59.57%
Based on This Year's Estimate70.00%
Based on Next Year's Estimate62.22%
Based on Cashflow21.09%

Iridium Communications Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/5/2024quarterly$0.14 - 1.7%12/16/202412/16/202412/31/2024
8/19/2024quarterly$0.14 - 2.1%9/13/20249/13/20249/30/2024
5/21/2024Quarterly$0.14+$0.01
7.69%
1.87%6/14/20246/14/20246/28/2024
2/2/2024quarterly$0.13 - 1.7%3/14/20243/15/20243/29/2024
12/4/2023Quarterly$0.13 - 1.3%12/14/202312/15/202312/29/2023
9/5/2023Quarterly$0.13 - 1.07%9/14/20239/15/20239/29/2023
5/4/2023quarterly$0.13 - 0.8%6/14/20236/15/20236/30/2023

This table shows Iridium Communications' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Iridium Communications Dividend - Frequently Asked Questions

The current dividend yield for Iridium Communications is 1.91%. Learn more on IRDM's dividend yield history.

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

Iridium Communications pays quarterly dividends to shareholders.

Iridium Communications's next quarterly dividend payment of $0.14 per share will be made to shareholders on Tuesday, December 31, 2024.

Iridium Communications's most recent quarterly dividend payment of $0.14 per share was made to shareholders on Monday, September 30, 2024.

Iridium Communications's most recent ex-dividend date was Monday, December 16, 2024.

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

The dividend payout ratio for IRDM is:
  • 59.57% based on the trailing year of earnings
  • 70.00% based on this year's estimates
  • 62.22% based on next year's estimates
  • 21.09% based on cash flow

Iridium Communications' dividend yield of 1.84% is lower than the average Computer and Technology company that issues a dividend. Iridium Communications' dividend payout ratio of 59.57% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Iridium Communications stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:IRDM) was last updated on 12/18/2024 by MarketBeat.com Staff
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