Iron Mountain Incorporated (IRM) To Go Ex-Dividend on June 15th

Iron Mountain Incorporated (NYSE:IRM) announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, June 15th will be given a dividend of 0.864 per share by the financial services provider on Monday, July 6th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th.

Iron Mountain has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Iron Mountain has a payout ratio of 148.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Iron Mountain to earn $5.97 per share next year, which means the company should continue to be able to cover its $3.45 annual dividend with an expected future payout ratio of 57.8%.

Iron Mountain Stock Up 1.6%

NYSE IRM opened at $127.20 on Friday. Iron Mountain has a 52 week low of $77.77 and a 52 week high of $134.09. The firm has a market capitalization of $37.85 billion, a P/E ratio of 139.78 and a beta of 1.19. The company has a 50-day moving average price of $121.04 and a 200-day moving average price of $103.77.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.50 by $0.10. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. The business’s revenue for the quarter was up 21.5% compared to the same quarter last year. Iron Mountain has set its Q2 2026 guidance at 1.400-1.400 EPS and its FY 2026 guidance at 5.790-5.860 EPS. As a group, equities research analysts anticipate that Iron Mountain will post 5.4 EPS for the current year.

About Iron Mountain

Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.

Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.