StockNews.AI
IRM
StockNews.AI
187 days

Iron Mountain Increases Quarterly Dividend per Share by 10%

1. IRM's Board declared a 10% dividend increase to $0.785 per share. 2. This marks the third consecutive year of dividend growth for IRM. 3. IRM's strong 2024 results support their growth strategy and profitability. 4. The company remains a key player with over 240,000 global customers. 5. IRM's services span information management and digital transformation sectors.

3m saved
Insight
Article

FAQ

Why Bullish?

The consistent dividend increase signals strong financial health, similar to previous years which supported stock price stability.

How important is it?

The article details a significant dividend increase, a strong indicator of investor confidence and future earnings potential.

Why Long Term?

The increasing dividend reflects a long-term growth strategy, historically correlating with positive stock performance for IRM.

Related Companies

IRMJNJPFETVZ
PORTSMOUTH, N.H.--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, declared a quarterly cash dividend of $0.785 per share of common stock representing an increase of 10% which is payable on April 4, 2025 to shareholders of record at the close of business on March 17, 2025. “Our strong results in 2024 and continued growth outlook validate that our strategic efforts to grow revenue and profitability continue to prove successful. In accordance with our long term plan to increase the dividend alongside growth in AFFO per share, we are increasing the dividend by 10%, marking the third consecutive year in which we have increased the dividend,” said William L. Meaney, President and Chief Executive Officer. About Iron Mountain Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Our longstanding commitment to safety, security, sustainability and innovation in support of our customers underpins everything we do. To learn more about Iron Mountain, please visit www.IronMountain.com.

Related News