Iridium Communications (IRDM) Dividends & Splits

Iridium Communications Inc (IRDM) is a global satellite communications company that provides voice and data services to businesses, governments, and individuals around the world. The company has a long history of paying dividends to its shareholders and has also implemented stock splits in the past. The dividend yield for IRDM is a measure of the annual dividend payment divided by the stock's current price. This ratio gives investors an idea of the return they can expect to receive from holding IRDM stock. The payout ratio, on the other hand, is the percentage of a company's earnings that are paid out as dividends. This ratio can help investors determine if a company is distributing a sustainable amount of its earnings to shareholders.

The dividend ex-date is an important date for investors to be aware of because it determines whether or not a shareholder is eligible to receive a dividend payment. The ex-date is usually set by the stock exchange and is typically two business days before the record date. When a stock split occurs, the company's existing shares are divided into multiple new shares. The split multiple is the ratio of the new shares to the old shares. For example, a 2-for-1 split would result in each existing share being split into two new shares. The dividend amount per share is the dollar amount that each shareholder receives for each share they own. This amount can vary depending on the company's earnings and dividend policy. The dividend growth rate is the annualized rate at which a company's dividend has been increasing over a certain period of time. It can be used to assess the company's commitment to returning value to shareholders.