Iridium Communications (Iridium Communications) Dividend Payout Ratio : 0.81 (As of Mar. 2024)

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What is Iridium Communications Dividend Payout Ratio?

Iridium Communications's dividend payout ratio for the months ended in Mar. 2024 was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Iridium Communications Inc is 2.48, which seems too high.

The historical rank and industry rank for Iridium Communications's Dividend Payout Ratio or its related term are showing as below:

IRDM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 2.48 Med: 4.33 Max: 4.33
Current: 2.48

During the past 13 years, the highest Dividend Payout Ratio of Iridium Communications was 4.33. The lowest was 2.48. And the median was 4.33.

IRDM's Dividend Payout Ratio is ranked worse than
93.96% of 182 companies
in the Telecommunication Services industry
Industry Median: 0.575 vs IRDM: 2.48

As of today (2024-04-28), the Dividend Yield % of Iridium Communications is 1.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Iridium Communications was 2.11%. The lowest was 0.19%. And the median was 0.92%.

Iridium Communications's Dividends per Share for the months ended in Mar. 2024 was $0.13.

During the past 12 months, Iridium Communications's average Dividends Per Share Growth Rate was 300.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Iridium Communications Dividend Payout Ratio Historical Data

The historical data trend for Iridium Communications's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iridium Communications Dividend Payout Ratio Chart

Iridium Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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4.33

Iridium Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.63	-	-	0.43	0.81

Competitive Comparison of Iridium Communications's Dividend Payout Ratio

For the Telecom Services subindustry, Iridium Communications's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iridium Communications's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Iridium Communications's Dividend Payout Ratio falls into.

Iridium Communications Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Iridium Communications's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.52	/	0.12
	=	4.33

Iridium Communications's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.13	/	0.16
	=	0.81

Iridium Communications (NAS:IRDM) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Iridium Communications Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Iridium Communications's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Iridium Communications (Iridium Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Iridium Communications Inc (NAS:IRDM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

6IC:Germany 6IC:Germany

Address

1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102

Website

https://www.iridium.com

Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.

Executives

Matthew J Desch	director, officer: Chief Executive Officer	C/O SAIC, 10260 CAMPUS POINT DR M/S F3, SAN DIEGO CA 92121
Jacqueline E Yeaney	director	2002 SUMMIT BOULEVARD, SUITE 100, ATLANTA GA 30319
Bryan J. Hartin	officer: EVP-Sales and Marketing	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Robert H Niehaus	director, officer: Senior Vice President	4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Suzanne E. Mcbride	officer: Chief Operations Officer	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Barry West	director	NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191
Scott Scheimreif	officer: EVP-Government Programs	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Thomas C Canfield	director	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Kathleen A. Morgan	officer: Chief Legal Officer	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA 22102
Thomas Fitzpatrick	officer: Chief Financial Officer	C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Henrik O. Schliemann	director	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Timothy Kapalka	officer: VP Iridium Satellite LLC	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, MCLEAN VA 22102
Parker William Rush	director	5525 LBJ FREEWAY, DALLAS TX 75240
A B Krongard	director	C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Kay Sears	director	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102