SmarterDividends
IRMD

IRADIMED CORPORATION

IRMD

Healthcare · Stock · quarterly payer

Forward Yield

0.86%

Annual Dividend

$0.80

Payout Ratio

39%

5-Yr Growth

Ex-Date

May 15, 2026

Frequency

Quarterly

IRMD Dividend Safety Score

58/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage39% of earnings paid out
Free-cash-flow coverage67% of free cash flow
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is IRMD a good dividend stock?

Yes, with caveats

IRADIMED CORPORATION (IRMD) pays a quarterly dividend yielding 0.86% ($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 (39%)
  • 219% total price return over 5 years

Risks

  • Cut its dividend in 2024

Key Data

Dividend Yield
0.86%
Payout Ratio
39%
Annual Dividend
$0.80
5-Yr Avg Growth
Ex-Dividend Date
May 15, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.92
Market Cap
$1.2B
P/E Ratio
51.1
5-Yr Total Return
219%
52-Week Range
$55.11 – $107.90
Dividend Safety
C · 58/100
Ever Cut?
Yes (2024)
IRMD ex-dividend date & scheduleNext ex-date May 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.80 / yr per share

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