Iron Mountain Raises Quarterly Dividend by 15% to $0.993 Per Share
Iron Mountain Incorporated announced a 15% increase in its quarterly cash dividend to $0.993 per share, payable on January 6, 2027, to shareholders of record on December 15, 2026. President and CEO William L. Meaney attributed the hike to strong 2026 performance and a positive outlook. This marks the company's fifth dividend increase in four years, aligning with its long-term strategy to scale distributions alongside Adjusted Funds From Operations (AFFO) per share growth.
Iron Mountain Incorporated (NYSE: IRM) said its Board of Directors declared a quarterly cash dividend of $0.993 per share of common stock, a 15% increase.
The dividend is payable on January 6, 2027, to shareholders of record at the close of business on December 15, 2026.
President and Chief Executive Officer William L. Meaney said the increase is based on Iron Mountain’s strong 2026 performance and continued positive outlook. He added that it will mark the company’s fifth dividend increase in the past four years and aligns with its long-term plan to raise the dividend alongside growth in AFFO per share.
Iron Mountain is described as a global leader in information management services.
This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.
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