SmarterDividends
IRMD

IRADIMED CORPORATION

IRMD

Healthcare · Medical Devices · Stock · quarterly payer

$88.27

Overvalued · -58% Add to Portfolio

Forward Yield

0.91%

Annual Dividend

$0.80

Payout Ratio

41%

5-Yr Growth

—

Ex-Date

Aug 14, 2026

Frequency

Quarterly

Key facts about IRMD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, IRADIMED CORPORATION (IRMD) has a forward dividend yield of 0.91%, based on an annual dividend of $0.80 per share and a share price of $88.27.
  • As of Oct 18, 2026, IRMD's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • IRMD last cut its regular dividend in 2024.
  • IRMD's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.20 per share.
  • As of Oct 18, 2026, IRMD pays out 41% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, IRMD's 0.91% yield is 61% below its five-year average yield of 2.36%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for IRMD is $36.88 per share, 58% below the $88.27 share price, so IRMD screens as overvalued.
  • IRADIMED CORPORATION (IRMD) pays its dividend quarterly, 4 times a year.
  • IRADIMED CORPORATION (IRMD) has raised its regular dividend 3 times and cut it 2 times across the 14 payments on record since 2022. Its most recent change was a 17.6% increase to $0.200 per share, going ex-dividend on Feb 23, 2026. The last cut went ex-dividend on May 17, 2024.
Cite this page

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

Summary

As of Oct 18, 2026, IRADIMED CORPORATION (IRMD) yields 0.91% ($0.80 a year per share) and has a dividend safety grade of C (58/100).

Is IRMD a good dividend stock?

Yes, with caveats

IRADIMED CORPORATION (IRMD) pays a quarterly dividend yielding 0.91% ($0.80/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (41%)
  • 96% total price return over 5 years

Risks

  • Cut its dividend in 2024

Key Data

Dividend Yield
0.91%
Payout Ratio
41%
Annual Dividend
$0.80
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 14, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.91
Market Cap
$1.1B
P/E Ratio
49.3
5-Yr Total Return
96%
52-Week Range
$73.25 – $107.90
Dividend Safety
C · 58/100
Ever Cut?
Yes (2024)

IRMD dividend raises and cuts

IRADIMED CORPORATION (IRMD) has raised its regular dividend 3 times and cut it 2 times across the 14 payments on record since 2022. Its most recent change was a 17.6% increase to $0.200 per share, going ex-dividend on Feb 23, 2026. The last cut went ex-dividend on May 17, 2024.

Ex-dateChangeOld → newMove
Feb 23, 2026Raise$0.170 → $0.200+17.6%
Feb 24, 2025Raise$0.150 → $0.170+13.3%
May 17, 2024Cut$0.630 → $0.150−76.2%
Dec 21, 2023Cut$1.05 → $0.630−40.0%
Feb 10, 2023Raise$1.00 → $1.05+5.0%
Every IRMD payment →Download every raise and cut (CSV)
IRMD ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →IRMD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is IRMD a good dividend stock?

Yes, with caveats. IRADIMED CORPORATION (IRMD) pays a quarterly dividend yielding 0.91% ($0.80/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is IRMD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, IRMD's fair value is about $36.88 versus a $88.27 share price — so it looks overvalued (-58% vs. fair value).

Is IRMD's dividend safe?

IRMD has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is IRMD's fair value?

Our blended fair-value estimate for IRMD is about $36.88 per share, about 58% below the current $88.27 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is IRMD a buy, hold, or sell?

We don't issue formal ratings, but on the data IRMD screens as "yes, with caveats" and overvalued. IRADIMED CORPORATION (IRMD) pays a quarterly dividend yielding 0.91% ($0.80/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will IRMD cut its dividend?

IRMD earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does IRMD pay a dividend?

Yes. IRADIMED CORPORATION pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 0.91%.

What is IRMD's dividend yield?

As of Oct 18, 2026, IRMD's forward dividend yield is 0.91%, based on a $0.80 annual dividend and a $88.27 share price.

What is IRMD's dividend per share?

As of Oct 18, 2026, IRMD pays $0.80 per share per year, distributed on a quarterly basis.

What is IRMD's dividend payout ratio?

As of Oct 18, 2026, IRMD's payout ratio is 41% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has IRMD grown its dividend?

As of Oct 18, 2026, IRMD has increased its dividend for 1 consecutive years.

When is the next IRMD ex-dividend date?

As of Oct 18, 2026, IRMD's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.20 per share.

Income Calculator

At $0.80 / yr per share

Per payment (quarterly)$20.00
Annual$80.00
Monthly avg$6.67

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