is irm stock dividend safe

Iron Mountain spent much of the past decade as a steady dividend stock and has been a component of the SP 500 since 2009. The average REIT using Vanguard Real Estate Index ETF as a proxy has a yield of just 22.

Iron Mountain Dividend Safety Will This 9 25 Yield Fall Off A Cliff

Can income investors trust Iron Mountain Incs NYSEIRM 92 dividend yield.

. Iron Mountain is a rather unique REIT combining document storage and industrial operations. Nasdaq Dividend History provides straightforward stocks historical dividends data. Its customers are major enterprises and government organizations with secure document storage and access needs.

All of which leaves IRM stocks dividend on solid ground. For its second. And secondary offerings arent.

Is the dividend safe. Iron Mountain Incorporated IRM dividend safety metrics payout ratio calculation and chart. At the start of 2022 NHI had a dividend yield of 634 the highest among blue-chip offerings.

Iron Mountain IRM is one such business and offers a dividend yield in excess of 6 today. But how safe is the. But Iron Mountain has managed to grow its share price and its dividends over the years.

6 hours agoGot it. This may sound high but it represents less than 80. This allows the company to enjoy strong operating margins thanks to far higher customer retention 50 of boxes stored 15 years ago remain in IRMs facilities today low operating expenses maintenance capex is just 3 of revenue and healthy pricing power high.

Lets take a quick dive into the financials. Iron Mountain Simply Safe Dividends Although acquisitions still provide somewhat of a growth runway in developed markets there is a limit to how much expansion can ultimately be achieved from this profitable core business especially as more companies move to paperless ie. 25 list signifying a stock with above-average DividendRank statistics including a strong 51.

International Business Machines has been named to the Dividend Channel SAFE. Stock prices have also increased by 991 over the last six-month period with a 52-week average of 5022 low and 6923 high. The company has steadily lifted its dividend for over five consecutive years and offers mid-single-digit dividend growth potential going forward.

While NUEs four-year average dividend yield is 257 its current dividend translates to a 167 yield. 1 day agoOver the last three years NUEs dividend payouts have grown at a 64 CAGR. Real estate investment trust REIT Iron Mountain IRM 146 has an 8-plus dividend yield which is pretty eye-catching at a time when the broader markets yield is below 2.

Iron Mountains NYSEIRM 82 dividend yield is compelling for some investors but comes with risks. More often than not youll hear that IRM stock is overvalued and that the company cant afford to maintain its frothy dividends. With a dividend yield of 53 stock sales are a little expensive.

Dividend payout record can be used to gauge the companys long-term performance when analyzing individual stocks. Based on Iron Mountains stock price as of this writing the companys 220 annual dividend translates to a 63 yield. Iron Mountain Inc NYSEIRM is a bullish high-yield dividend stock that never seems to catch a break from analysts.

Real estate investment trusts REITs are some of the most popular high dividend stocks for income investors. The company remains confident of sustaining the current dividend but well describe the big. Its physical document storage business has great stickiness with 42 billion in revenue over the past 12 months.

Their dividend yield has come down slightly edging closer to 590 in recent weeks.

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