IRM (Iron Mountain) Dividend Payout Ratio : 1.63 (As of Sep. 2024)

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What is Iron Mountain Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Iron Mountain's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.63.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Iron Mountain Inc is 1.46, which seems too high.

The historical rank and industry rank for Iron Mountain's Dividend Payout Ratio or its related term are showing as below:

IRM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.1 Med: 1.76 Max: 2.21
Current: 1.46

During the past 13 years, the highest Dividend Payout Ratio of Iron Mountain was 2.21. The lowest was 1.10. And the median was 1.76.

IRM's Dividend Payout Ratio is ranked worse than
70.66% of 668 companies
in the REITs industry
Industry Median: 1.01 vs IRM: 1.46

As of today (2024-12-11), the Dividend Yield % of Iron Mountain is 2.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Iron Mountain was 11.15%. The lowest was 2.09%. And the median was 5.73%.

Iron Mountain's Dividends per Share for the months ended in Sep. 2024 was $0.72.

During the past 12 months, Iron Mountain's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Iron Mountain was 42.30% per year. The lowest was 0.30% per year. And the median was 7.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Iron Mountain Dividend Payout Ratio Historical Data

The historical data trend for Iron Mountain's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iron Mountain Dividend Payout Ratio Chart

Iron Mountain Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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2.21

2.08

1.64

1.38

1.39

Iron Mountain Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.44	1.20	1.51	1.55	1.63

Competitive Comparison of Iron Mountain's Dividend Payout Ratio

For the REIT - Specialty subindustry, Iron Mountain's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iron Mountain's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Iron Mountain's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Iron Mountain's Dividend Payout Ratio falls into.

Iron Mountain Dividend Payout Ratio Calculation

Iron Mountain's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.537	/	1.82
	=	1.39

Iron Mountain's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.715	/	0.44
	=	1.63

Iron Mountain (NYSE:IRM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Iron Mountain Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Iron Mountain's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Iron Mountain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Iron Mountain Inc (NYSE:IRM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

IRM1:Mexico 0JDP:UK I5M:Germany I5M:Germany I1RM34:Brazil

Address

85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801

Website

https://www.ironmountain.com

Iron Mountain Inc is a record management services provider. It is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.

Executives

William L Meaney	director, officer: President and CEO	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Wendy J. Murdock	director	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Deborah Marson	officer: EVP, General Counsel, Sec.	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Edward Baker-greene	officer: EVP, CHRO	601 MERRITT 7, NORWALK CT 06851
John Tomovcsik	officer: EVP, G. Mgr., Rec. & Inf. Mgmt	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Barry Hytinen	officer: EVP & CFO	1000 TEMPUR WAY, LEXINGTON KY 40502
Daniel Borges	officer: VP & Chief Accounting Officer	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Greg W Mcintosh	officer: EVP, Strategic Accounts	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Walter C Rakowich	director	14100 E 35TH PL, AURORA CO 80011
Mark Kidd	officer: SVP, GM Data Centers	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Robin Matlock	director	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Wing Cheung Hwang	officer: EVP&GM, Data Centers	C/O IRON MOUNTAIN INC., 85 NEW HAMPSHIRE AVE, SUITE 150, PORTSMOUTH NH 03801
Samuels Theodore R. Ii	director	1990 E. GRAND AVE., EL SEGUNDO CA 90245
Jennifer Allerton	director	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Deirdre Evens	officer: EVP and Chief of Operations	10 STILLMEADOW WAY, FRAMINGHAM MA 01702