Iridium Communications Inc (IRDM) to Issue Quarterly Dividend of $0.15 on June 30th

Posted by Geri Gentry on Jun 13th, 2026

Iridium Communications Inc (NASDAQ:IRDM – Get Free Report) declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.15 per share by the technology company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, June 15th.

Iridium Communications has a dividend payout ratio of 45.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Iridium Communications to earn $1.28 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 46.9%.

Iridium Communications Stock Down 5.2%

Shares of Iridium Communications stock opened at $47.32 on Friday. The company has a debt-to-equity ratio of 3.74, a quick ratio of 2.21 and a current ratio of 2.85. Iridium Communications has a 52-week low of $15.65 and a 52-week high of $53.83. The stock has a market capitalization of $5.00 billion, a price-to-earnings ratio of 47.80, a P/E/G ratio of 3.37 and a beta of 0.89. The company’s 50 day moving average price is $42.42 and its 200-day moving average price is $28.44.

Iridium Communications (NASDAQ:IRDM – Get Free Report) last issued its earnings results on Thursday, April 23rd. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.07). Iridium Communications had a return on equity of 22.76% and a net margin of 12.05%.The firm had revenue of $219.06 million during the quarter, compared to the consensus estimate of $218.39 million. During the same quarter in the prior year, the business posted $0.27 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts forecast that Iridium Communications will post 1.05 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Timothy Kapalka sold 2,043 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $33.00, for a total transaction of $67,419.00. Following the sale, the chief accounting officer owned 45,721 shares in the company, valued at approximately $1,508,793. The trade was a 4.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.70% of the stock is currently owned by company insiders.

Institutional Trading of Iridium Communications

Hedge funds have recently modified their holdings of the business. Root Financial Partners LLC boosted its holdings in shares of Iridium Communications by 1,750.0% during the 1st quarter. Root Financial Partners LLC now owns 1,332 shares of the technology company’s stock valued at $37,000 after buying an additional 1,260 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Iridium Communications by 107.5% during the 4th quarter. Quadrant Capital Group LLC now owns 1,430 shares of the technology company’s stock valued at $25,000 after buying an additional 741 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Iridium Communications by 184.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,506 shares of the technology company’s stock valued at $26,000 after buying an additional 977 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Iridium Communications by 392.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,508 shares of the technology company’s stock valued at $26,000 after buying an additional 1,202 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of Iridium Communications during the 4th quarter valued at $27,000. Institutional investors own 84.36% of the company’s stock.

About Iridium Communications

(Get Free Report)

Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.

Dividend History for Iridium Communications (NASDAQ:IRDM)

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