SmarterDividends
IRDM

Iridium Communications Inc.

IRDM

Communication Services · Telecom Services · Stock · quarterly payer

$43.76

Overvalued · -45% Add to Portfolio

Forward Yield

1.37%

Annual Dividend

$0.60

Payout Ratio

68%

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about IRDM's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Iridium Communications Inc. (IRDM) has a forward dividend yield of 1.37%, based on an annual dividend of $0.60 per share and a share price of $43.76.
  • As of Oct 18, 2026, IRDM's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Iridium Communications Inc. (IRDM) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
  • IRDM has never cut its regular dividend in the payment history SmarterDividends has on record.
  • IRDM's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.15 per share.
  • As of Oct 18, 2026, IRDM pays out 68% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, IRDM's 1.37% yield is 22% below its five-year average yield of 1.76%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for IRDM is $24.07 per share, 45% below the $43.76 share price, so IRDM screens as overvalued.
  • Iridium Communications Inc. (IRDM) pays its dividend quarterly, 4 times a year.
  • Iridium Communications Inc. (IRDM) has raised its regular dividend 2 times and cut it 0 times across the 15 payments on record since 2023. Its most recent change was a 7.1% increase to $0.150 per share, going ex-dividend on Sep 15, 2025.
Cite this page

SmarterDividends, "IRDM Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/IRDM

Summary

As of Oct 18, 2026, Iridium Communications Inc. (IRDM) yields 1.37% ($0.60 a year per share), has a dividend safety grade of B (70/100) and has 2 consecutive years of dividend increases on record.

Is IRDM a good dividend stock?

Yes, with caveats

Iridium Communications Inc. (IRDM) pays a quarterly dividend yielding 1.37% ($0.60/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.37%
Payout Ratio
68%
Annual Dividend
$0.60
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.85
Market Cap
$4.6B
P/E Ratio
49.7
5-Yr Total Return
14%
52-Week Range
$15.65 – $57.18
Dividend Safety
B · 70/100
Ever Cut?
No

IRDM dividend raises and cuts

Iridium Communications Inc. (IRDM) has raised its regular dividend 2 times and cut it 0 times across the 15 payments on record since 2023. Its most recent change was a 7.1% increase to $0.150 per share, going ex-dividend on Sep 15, 2025.

Ex-dateChangeOld → newMove
Sep 15, 2025Raise$0.140 → $0.150+7.1%
Jun 14, 2024Raise$0.130 → $0.140+7.7%
Every IRDM payment →Download every raise and cut (CSV)
IRDM ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →IRDM dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is IRDM a good dividend stock?

Yes, with caveats. Iridium Communications Inc. (IRDM) pays a quarterly dividend yielding 1.37% ($0.60/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is IRDM undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, IRDM's fair value is about $24.07 versus a $43.76 share price — so it looks overvalued (-45% vs. fair value).

Is IRDM's dividend safe?

IRDM has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is IRDM's fair value?

Our blended fair-value estimate for IRDM is about $24.07 per share, about 45% below the current $43.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is IRDM a buy, hold, or sell?

We don't issue formal ratings, but on the data IRDM screens as "yes, with caveats" and overvalued. Iridium Communications Inc. (IRDM) pays a quarterly dividend yielding 1.37% ($0.60/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will IRDM cut its dividend?

IRDM earns a dividend-safety grade of B (70/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does IRDM pay a dividend?

Yes. Iridium Communications Inc. pays a quarterly dividend of about $0.60 per share annually, a forward yield of roughly 1.37%.

What is IRDM's dividend yield?

As of Oct 18, 2026, IRDM's forward dividend yield is 1.37%, based on a $0.60 annual dividend and a $43.76 share price.

What is IRDM's dividend per share?

As of Oct 18, 2026, IRDM pays $0.60 per share per year, distributed on a quarterly basis.

What is IRDM's dividend payout ratio?

As of Oct 18, 2026, IRDM's payout ratio is 68% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has IRDM grown its dividend?

As of Oct 18, 2026, IRDM has increased its dividend for 2 consecutive years.

When is the next IRDM ex-dividend date?

As of Oct 18, 2026, IRDM's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.15 per share.

Income Calculator

At $0.60 / yr per share

Per payment (quarterly)$15.00
Annual$60.00
Monthly avg$5.00

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