Iron Mountain Incorporated (NYSE:IRM) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.6185 per share is scheduled to be paid on October 2, 2020. The dividend yield based on the latest trading day closing price was 8.30 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Iron Mountain Incorporated recently reported second quarter financial results on August 6, 2020, before market open, information management susiness services provider reported income for the second quarter of $ 0.22 per share, from the revenue of $ 982.24 million. The quarterly earnings lowered 4.35 percent while revenues contracted 7.94 percent compared with the same quarter last year.
Wall street analysts are predicting, IRM to report 2Q20 income of $ 0.13 per share from revenue of $ 933.06 million. The bottom line results beat street analysts by $ 0.09 or 69.23 percent, at the same time, top line results outshined analysts by $ 49.18 million or 5.27 percent.
Stock Performance
Shares of Iron Mountain Incorporated traded low $ -0.27 or -0.90 percent on Thursday, reaching $ 29.80 with volume of 3.00 million shares. Iron Mountain Incorporated has traded high as $ 30.21 and has cracked $ 29.78 on the downward trend
According to the previous trading day, closing price of $ 29.80, representing a 43.19 % increase from the 52 week low of $ 21.00 and a 12.82 % decrease over the 52 week high of $ 34.49.
The company has a market capital of $ 8.59 billion and is part of the Real Estate sector and REIT – Diversified industry.
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
