Dividend increase #44 of 2025 : Iron Mountain Inc.

The Board of Directors (the “Board”) of Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, declared a quarterly cash dividend of $0.864 per share of common stock representing an increase of 10% which is payable on January 6, 2026 to shareholders of record at the close of business on December 15, 2025.

“Based on our continued strong outlook for revenue and profitability growth and our excellent results year-to-date, we are increasing the dividend by 10%. This will mark the fourth consecutive year in which we have increased the dividend and aligns with our long term plan to increase the dividend alongside growth in AFFO per share,” said William L. Meaney, President and Chief Executive Officer

Dividend increase #10 of 2025 : Iron Mountain Inc.

The Board of Directors (the “Board”) of Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, declared a quarterly cash dividend of $0.785 per share of common stock representing an increase of 10% which is payable on April 4, 2025 to shareholders of record at the close of business on March 17, 2025.

“Our strong results in 2024 and continued growth outlook validate that our strategic efforts to grow revenue and profitability continue to prove successful. In accordance with our long term plan to increase the dividend alongside growth in AFFO per share, we are increasing the dividend by 10%, marking the third consecutive year in which we have increased the dividend,” said William L. Meaney, President and Chief Executive Officer.

Dividend increase #31 of 2024 : Iron Mountain Inc.

On August 1, 2024, Iron Mountain's Board of Directors declared a quarterly cash dividend of $0.715 per share for the third quarter, representing an increase of 10%

Since I own 99 shares of IRM, this change will increase my 12 month forward dividends by $25.74. Very nice.

Dividend increase #32 of 2023 : Iron Mountain Inc.

The Board of Directors (the “Board”) of Iron Mountain Incorporated (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, declared a quarterly cash dividend of $0.65 per share for the third quarter, payable on October 5, 2023 to shareholders of record on September 15, 2023.

“Consistent with our long term commentary that we would increase the dividend as our payout ratio of Adjusted Funds from Operations settled into the low to mid 60s as a percentage, we are pleased to announce a 5% increase to our dividend.” said William L. Meaney, President and Chief Executive Officer. “We remain committed to our disciplined approach to capital allocation, and our ability to achieve our growth ambitions with Project Matterhorn whilst raising our dividend.” 

 

New purchase : Iron Mountain Inc.

 Added 5 shares of Iron Mountain (IRM) at $35.20 per share. I now hold 99 shares of IRM

New Purchase : Iron Mountain Inc.

Added 12 shares of Iron Mountain Inc. (NYSE:IRM) at $26.71 per share. I now hold 94 shares of IRM.

New purchase : Iron Mountain Inc.

Added 10 shares of Iron Mountain Inc. (NYSE:IRM) at $30.36 per share. I now hold 82 shares of IRM

New purchase: Iron Mountain Inc.

Added 10 shares of Iron Mountain Inc. (IRM) at $32.99 per share. I now hold 72 shares of IRM.

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

New purchase: Iron Mountain

Added 15 shares of Iron Mountain (NYSE:IRM) at $30.69 per share. I now hold 62 shares of IRM.

New purchase: Iron Mountain Inc.

Added 15 shares of Iron Mountain Inc (IRM) at $34.05 per share.
I now hold 47 shares of IRM

Iron Mountain increases dividend

Iron Mountain (IRM) declares $0.611/share quarterly dividend, 4% increase from prior dividend of $0.5875. Forward yield 7.58% Payable Jan. 3; for shareholders of record Dec. 17; ex-div Dec. 14.

New Purchase : Iron Mountain Incorporated

New position started in portfolio : Iron Mountain Incorporated (NYSE:IRM).

Iron Mountain Incorporated, incorporated on June 26, 2014, is a holding company, which stores records, primarily physical records and data backup media, and provides information management services in various locations throughout North America, Europe, Latin America, Asia Pacific and Africa. The Company operates through five segments: North American Records and Information Management Business, North American Data Management Business, Western European Business, Other International Business, and Corporate and Other Business. The Company offers records and information management services, and data management services. The Company provides storage and information management services to legal, financial, healthcare, insurance, life sciences, energy, businesses services, entertainment and government organizations. As of December 31, 2016, the Company's courier fleet consisted of approximately 4,500 owned or leased vehicles. Its other services include information destruction services (primarily secure shredding) (Destruction), information governance and digital solutions, compliant records management and consulting services, and other ancillary services.

IRM pays dividend with a 1-4-7-10 schedule and my starting yield is at 6.44%