Iron Mountain Increases Quarterly Dividend per Share by 10%

Iron Mountain (NYSE: IRM) has increased its quarterly dividend by 10% to $0.715 per share for the third quarter, payable on October 3, 2024, to shareholders of record on September 16, 2024.

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08/01/2024 - 06:45 AM

PORTSMOUTH, N.H.--(BUSINESS WIRE)-- 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 $0.715 per share for the third quarter, payable on October 3, 2024 to shareholders of record on September 16, 2024.

“Our Board of Directors has authorized a 10% increase to our dividend. Our business model is delivering strong revenue performance, resulting in top tier growth in Adjusted Funds from Operations. This is in line with our long term plan to increase the dividend alongside growth in AFFO per share,” said William L. Meaney, President and Chief Executive Officer.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers’ work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.

To learn more about Iron Mountain, please visit: www.IronMountain.com and follow @IronMountain on X (formerly Twitter) and LinkedIn.