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Iron Mountain Increases Quarterly Dividend per Share by 10%

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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. CEO William L. Meaney attributes this increase to the company's strong revenue performance and top-tier growth in Adjusted Funds from Operations (AFFO). This aligns with Iron Mountain's long-term plan to increase dividends alongside AFFO per share growth.

Iron Mountain, founded in 1951, is a global leader in information management services, serving over 240,000 customers worldwide. The company offers various services, including digital transformation, data centers, secure records storage, and asset lifecycle management, helping businesses unlock value from their stored digital and physical assets while meeting environmental goals.

Iron Mountain (NYSE: IRM) ha incrementato il suo dividendo trimestrale del 10% portandolo a 0,715 dollari per azione per il terzo trimestre, con pagamento previsto per il 3 ottobre 2024, agli azionisti registrati il 16 settembre 2024. Il CEO William L. Meaney attribuisce questo aumento alla forte performance dei ricavi e alla crescita di alto livello dei Fondi Operativi Regolati (AFFO). Questo è in linea con il piano a lungo termine di Iron Mountain di aumentare i dividendi in concomitanza con la crescita dell'AFFO per azione.

Iron Mountain, fondata nel 1951, è un leader globale nei servizi di gestione delle informazioni, servendo oltre 240.000 clienti in tutto il mondo. L'azienda offre vari servizi, tra cui trasformazione digitale, centri dati, archiviazione sicura di documenti e gestione del ciclo di vita degli asset, aiutando le aziende a sbloccare valore dai loro asset digitali e fisici archiviati, raggiungendo al contempo obiettivi ambientali.

Iron Mountain (NYSE: IRM) ha aumentado su dividendo trimestral en un 10% a 0,715 dólares por acción para el tercer trimestre, que se pagará el 3 de octubre de 2024, a los accionistas registrados el 16 de septiembre de 2024. El CEO William L. Meaney atribuye este aumento al fuerte rendimiento de los ingresos y al crecimiento de primer nivel en los Fondos Ajustados de Operaciones (AFFO). Esto se alinea con el plan a largo plazo de Iron Mountain de aumentar los dividendos en línea con el crecimiento del AFFO por acción.

Iron Mountain, fundada en 1951, es un líder global en servicios de gestión de información, sirviendo a más de 240,000 clientes en todo el mundo. La empresa ofrece varios servicios, incluyendo transformación digital, centros de datos, almacenamiento seguro de registros y gestión del ciclo de vida de activos, ayudando a las empresas a desbloquear valor de sus activos digitales y físicos almacenados, mientras cumplen con metas ambientales.

Iron Mountain (NYSE: IRM)는 분기 배당금을 10% 인상하여 3분기 기준 주당 0.715달러로 설정하고, 2024년 10월 3일에 2024년 9월 16일 기준 주주들에게 지급될 예정입니다. CEO 윌리엄 L. 미니는 이 증가가 회사의 강력한 수익 성과와 최고 수준의 조정 운영 자금(AFFO) 성장 때문이라고 분석합니다. 이는 Iron Mountain의 장기 계획과 일치하여 배당금을 AFFO 주당 성장이 진행됨에 따라 늘리려는 의도입니다.

Iron Mountain은 1951년에 설립된 정보 관리 서비스 분야의 글로벌 리더로, 전 세계 240,000명이 넘는 고객에게 서비스를 제공합니다. 이 회사는 디지털 혁신, 데이터 센터, 안전한 기록 보관, 자산 생애 주기 관리 등의 다양한 서비스를 제공하여 기업이 저장된 디지털 및 물리적 자산에서 가치를 창출하고 환경 목표를 달성할 수 있도록 지원합니다.

Iron Mountain (NYSE: IRM) a augmenté son dividende trimestriel de 10% pour le porter à 0,715 dollar par action pour le troisième trimestre, payable le 3 octobre 2024, aux actionnaires inscrits au 16 septembre 2024. Le PDG William L. Meaney attribue cette augmentation à la forte performance des revenus et à la croissance de premier ordre des Fonds Ajustés d'Opérations (AFFO). Cela s'inscrit dans le cadre du plan à long terme d'Iron Mountain d'augmenter les dividendes parallèlement à la croissance de l'AFFO par action.

Iron Mountain, fondée en 1951, est un leader mondial dans les services de gestion de l'information, servant plus de 240 000 clients dans le monde. L'entreprise propose divers services, notamment la transformation numérique, les centres de données, le stockage sécurisé de documents et la gestion du cycle de vie des actifs, aidant les entreprises à libérer de la valeur de leurs actifs numériques et physiques stockés tout en atteignant des objectifs environnementaux.

Iron Mountain (NYSE: IRM) hat seine vierteljährliche Dividende um 10% auf 0,715 Dollar pro Aktie für das dritte Quartal erhöht, die am 3. Oktober 2024 an die Aktionäre, die am 16. September 2024 registriert sind, ausgezahlt wird. CEO William L. Meaney führt diese Erhöhung auf die starke Umsatzleistung und das erstklassige Wachstum der bereinigten operativen Mittel (AFFO) zurück. Dies steht im Einklang mit Iron Mountains langfristigem Plan, die Dividenden parallel zum Wachstum der AFFO pro Aktie zu erhöhen.

Iron Mountain, gegründet im Jahr 1951, ist ein weltweit führendes Unternehmen im Bereich Informationsmanagementdienstleistungen, das über 240.000 Kunden weltweit bedient. Das Unternehmen bietet verschiedene Dienstleistungen an, darunter digitale Transformation, Rechenzentren, sichere Dokumentenarchivierung und Lebenszyklusmanagement von Vermögenswerten, um Unternehmen zu helfen, Wert aus ihren gespeicherten digitalen und physischen Vermögenswerten zu schöpfen, während sie ökologische Ziele erreichen.

Positive
  • 10% increase in quarterly dividend to $0.715 per share
  • Strong revenue performance reported
  • Top-tier growth in Adjusted Funds from Operations (AFFO)
  • Alignment with long-term plan to increase dividends alongside AFFO per share growth
Negative
  • None.

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.

Investor Relations:

Gillian Tiltman

Senior Vice President and Head of Investor Relations

Gillian.Tiltman@ironmountain.com

(617) 286-4881

Erika Crabtree

Manager, Investor Relations

Erika.Crabtree@ironmountain.com

(617) 535-2845

Source: Iron Mountain Incorporated

FAQ

What is Iron Mountain's new quarterly dividend amount for Q3 2024?

Iron Mountain's new quarterly dividend for Q3 2024 is $0.715 per share, representing a 10% increase.

When will Iron Mountain (IRM) pay its Q3 2024 dividend?

Iron Mountain will pay its Q3 2024 dividend on October 3, 2024, to shareholders of record on September 16, 2024.

Why did Iron Mountain (IRM) increase its dividend?

Iron Mountain increased its dividend due to strong revenue performance and top-tier growth in Adjusted Funds from Operations (AFFO), aligning with its long-term plan to increase dividends alongside AFFO per share growth.

What services does Iron Mountain (IRM) offer?

Iron Mountain offers a range of services including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics.

Iron Mountain Inc.

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