Thursday, October 31, 2019

Iron Mountain increases dividend

The Board of Directors of Iron Mountain declared a fourth-quarter cash dividend of USD $0.6185 per share on the common stock of the company, representing an increase of 1.2%. The cash dividend is payable on January 2, 2020 to shareholders of record as of the close of business on December 16, 2019. Iron Mountain expects to continue growing its dividend, although at a more modest pace going forward.

A smaller increase than I expected, but an increase anyway which is good. Since I own 62 shares of IRM, this change will increase my 12 month forward dividends by $1.86

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