Iridium Communications Inc.

Iridium Communications Inc.verified

IRDM

Price:

$27.38

Market Cap:

$3.24B

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition...[Read more]

Industry

Telecommunications Services

IPO Date

2008-03-20

Stock Exchange

NASDAQ

Ticker

IRDM

The Dividend Yield as of September 2024 (TTM) for Iridium Communications Inc. (IRDM) is 1.94%

According to Iridium Communications Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 1.94%. This represents a change of 377.25% compared to the average of 0.41% of the last 4 quarters.

Iridium Communications Inc. (IRDM) Historical Dividend Yield (quarterly & annually)

How has IRDM Dividend Yield performed in the past?

The mean historical Dividend Yield of Iridium Communications Inc. over the last ten years is 0.76%. The current 1.94% Dividend Yield has changed 155.51% with respect to the historical average. Over the past ten years (40 quarters), IRDM's Dividend Yield was at its highest in in the March 2018 quarter at 1.36%. The Dividend Yield was at its lowest in in the June 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

0.76%

Median

0.55%

Minimum

0%

Maximum

1.93%

Iridium Communications Inc. (IRDM) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Iridium Communications Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 1.93%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20231.25%Infinity%
20220%0%
20210%0%
20200%-100.00%
20190.27%-64.56%
20180.77%129.77%
20170.33%-80.09%
20161.68%-13.11%
20151.93%43.74%
20141.34%-8.06%

Iridium Communications Inc. (IRDM) Average Dividend Yield

How has IRDM Dividend Yield performed in the past?

The current Dividend Yield of Iridium Communications Inc. (IRDM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.42%

5-year avg

0.30%

10-year avg

0.76%

Iridium Communications Inc. (IRDM) Dividend Yield vs. Peers

How is IRDM’s Dividend Yield compared to its peers?

Iridium Communications Inc.’s Dividend Yield is greater than IHS Holding Limited (0%), less than Cogent Communications Holdings, Inc. (5.30%), less than IDT Corporation (0.27%), less than Cable One, Inc. (3.42%), less than InterDigital, Inc. (1.21%), less than ATN International, Inc. (3.37%), greater than Liberty Broadband Corporation (0%), greater than Consolidated Communications Holdings, Inc. (0%), greater than AST SpaceMobile, Inc. (0%), greater than DISH Network Corporation (0%), greater than Lumen Technologies, Inc. (0%), greater than Sify Technologies Limited (0%), greater than Charter Communications, Inc. (0%), greater than Liberty Broadband Corporation (0%), less than TIM S.A. (1.29%), less than Telefónica, S.A. (8.03%), less than Telefônica Brasil S.A. (3.99%), less than América Móvil, S.A.B. de C.V. (3.20%), less than SK Telecom Co.,Ltd (4.86%), less than Vodafone Group Public Limited Company (9.53%),

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