Iridium Communications Inc Stock Dividends
IRDM pays dividends quarterly. Last paid amount was $0.130 at Mar 29, 2024. As of today, dividend yield (TTM) is 1.31%.
Dividend Yield Range
AI Analysis of IRDM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.31% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.130 |
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Iridium Communications Inc has not yet announced its next dividend date. Last payment date was: Mar 29, 2024.
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IRDM Dividend Payout History
To ensure a understanding of IRDM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 02, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.130 | 0.497% |
| 2 | Dec 01, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.130 | 0.316% |
| 3 | Sep 05, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.130 | 0.286% |
| 4 | May 04, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.130 | 0.209% |
| 5 | Dec 07, 2022 | Mar 14, 2023 | Mar 30, 2023 | $0.130 | 0.212% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
IRDM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from IRDM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IRDM stock here.
Comparing IRDM to Sector and Country
IRDM pays a solid dividend yield of 1.31%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.478%). IRDM’s dividend yield is lower than the average of the top 25% of dividend payers in the Communication Services sector in the US market (10.05%), which means that there are more attractive dividend stocks to consider.
IRDM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Cogent Communications Holdings | 3.12B | $0.97 | 5.75% | 14.27% | |
| Nexstar Broadcasting Group | 5.312B | $1.69 | 3.69% | 59.13% | |
| Iridium Communications Inc | 3.605B | $0.130 | 1.31% | 254.62% | |
| Millicom International Cellular SA | 3.468B | $1.32 | 0% | - |
