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Iridium Communications Dividend 2024

Iridium Communications Dividend

0.52 USD

Iridium Communications Dividend yield

1.72 %

Ticker

IRDM

ISIN

US46269C1027

WKN

A0YB48

How much dividend does Iridium Communications 2024 pay?

According to the latest status from May 2024, Iridium Communications paid a total of 0.52 USD per share in dividends within the last 12 months. With the current Iridium Communications price of 30.29 USD, this corresponds to a dividend yield of 1.72 %. A dividend is paid times per year.

1.72 % Dividend Yield=
0.52 USD Dividend
30.29 USD Stock Price

Historical Iridium Communications Dividends

A dividend is paid times per year. Last year, the payout months were April, July and October.

PaydateDividend
4/14/20240.13
1/14/20240.13
10/14/20230.13
7/14/20230.13
4/14/20230.13
1

Iridium Communications Stock Dividend

Details

Dividend

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Dividend Overview

The dividend per year chart for Iridium Communications provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Iridium Communications’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Iridium Communications's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Iridium Communications Dividend History

DateIridium Communications Dividend
20230.52 undefined

Is the Iridium Communications Dividend Safe?

Iridium Communications has been increasing the dividend for 2 years.

Over the past 10 years, Iridium Communications has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Dividend Details

Understanding Iridium Communications's Dividend Distributions

Iridium Communications’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Iridium Communications's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Iridium Communications's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Iridium Communications’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Iridium Communications Aktienanalyse

What does Iridium Communications do?

Iridium Communications Inc is an American company operating in the satellite communications industry. The company was founded in 1991 and is headquartered in McLean, Virginia. It operates globally and offers a wide range of services to its customers. The history of Iridium Communications Inc began in the late 1980s when the United States government recognized the need for a worldwide communication system that could operate independently of existing infrastructures and other technical issues. As a result, the company was founded to develop a satellite-based communication network that would allow customers to communicate almost anywhere in the world. Iridium Communications Inc's business model encompasses various areas. The company is primarily involved in satellite communication, wireless communication, wireless data transmission, and contract development. The company offers a comprehensive satellite service that includes voice and data communication, as well as tracking and monitoring services. The service is available worldwide, allowing customers to communicate from almost any location on Earth. The company divides its business into four main segments: Iridium Commercial, Iridium Government, Iridium Aviation, and Iridium Maritime. Each segment refers to a specific market that the company serves. Iridium Commercial offers services to businesses, government organizations, and other organizations in need of a reliable and globally available communication infrastructure. Iridium Government focuses on the needs of government organizations and provides specialized services for military, security, and law enforcement. Iridium Aviation offers specialized services for aviation to meet the requirements of airlines, general aviation, and helicopter operators. Iridium Maritime serves boat, ship, and platform operators and provides specialized services for maritime transport. The products offered by Iridium Communications Inc include a wide range of satellite communication devices and services. This includes satellite phones, portable devices, fixed equipment, antennas, and accessories. The company also provides specialized services such as email, SMS, and data transmission services. Additionally, the company offers specialized services such as remote sensing and monitoring services. The company operates a global network of 66 satellites placed in orbit around the Earth to establish a reliable connection between satellite terminals and the company's network. The company's network is designed to function especially in remote areas or areas with limited access to infrastructure. Since its founding, Iridium Communications Inc has been a pioneer in the field of satellite communication. The company has particularly advanced in rocket and space technology, signal processing, wireless communication protocols, and wireless technology applications. However, in 2000, the company temporarily faced financial difficulties. It had to file for bankruptcy in 2000 but was saved with the support of its creditors and a massive financial rescue package. Overall, the company has since recovered well and continues to be a major player in the satellite communication industry. With a wide range of services and products and a global network of satellites, Iridium Communications Inc is well-positioned to meet the growing demands of communication in the years to come. Iridium Communications is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Iridium Communications Stock

How much dividend does Iridium Communications pay?

Over the past 12 months, Iridium Communications paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 1.72 %. For the coming 12 months, Iridium Communications is expected to pay a dividend of 0.52 USD.

What is the dividend yield of Iridium Communications?

The current dividend yield of Iridium Communications is 1.72 %.

When does Iridium Communications pay dividends?

Iridium Communications pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Iridium Communications?

Iridium Communications paid dividends every year for the past 0 years.

What is the dividend of Iridium Communications?

For the upcoming 12 months, dividends amounting to 0.52 USD are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is Iridium Communications located?

Iridium Communications is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Iridium Communications kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Iridium Communications from 3/29/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Iridium Communications pay the last dividend?

The last dividend was paid out on 3/29/2024.

What was the dividend of Iridium Communications in the year 2023?

In the year 2023, Iridium Communications distributed 0 USD as dividends.

In which currency does Iridium Communications pay out the dividend?

The dividends of Iridium Communications are distributed in USD.

Andere Kennzahlen von Iridium Communications

Our stock analysis for Iridium Communications Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Iridium Communications Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.