Here’s how you can earn $100 on passive income by investing in iron mountain stock:
Benzinga and Yahoo Finance LLC may earn fees or revenue for certain items through the links below.
Iron Mountain (NYSE:IRM) is a global leader in information management services, offering a variety of solutions including digital transformation, data centers, secure record storage, information management, asset lifecycle management, secure destruction and art storage and logistics.
We will report revenue for the fourth quarter 2024 before the market opens on February 13th. Wall Street analysts expect the company to rise by $0.54 from $0.52 in the same period last year. Quarterly revenue is expected to be $1.6 billion, up from $1.42 billion the previous year, according to data from Benzinga Pro.
Don’t miss it:
Iron Mountain’s 52-week ranged from $66.20 to $130.24.
Iron Mountain’s dividend yield is 2.75%. It has paid $2.86 per share in dividends over the past 12 months.
On November 6th, the company announced its third quarter 2024 revenues, posting its FFO at $1.13, but its consensus estimate was $0.81 and revenue was $1.56 billion, with $1.55 billion. Compared to the consensus of To gasoline.
“We’re excited to announce that we’re a great opportunity to see the company’s efforts to ensure we’re in the process of delivering its own experience,” said William L. Meaney, president and CEO of Iron Mountain. “Our teams have made significant progress towards our accelerated growth goals, and the Project Matterhorn operating model continues to drive our business to greater talent by providing new, enhanced solutions to our customers. I’m continuing.”
Trend: The $60,000 folding home manufacturer has three factory buildings, over 600 homes built, and there are big plans to solve the home. Today, you can become an investor at $0.80 per share.
Please check this Article by Benzinga You can see if a $100 investment in Iron Mountain Stock five years ago is worth it today.
If you want to earn $100 a month ($1,200 a year) from your Iron Mountain dividend, your investment value should be around $43,637.
Understanding dividend yield calculations: When creating a quote, you need two important variables: The desired annual income ($1,200) and dividend yield (in this case 2.75%). So, we generated $1,200/0.0275 = $43,637 = $100 per month.