High, sustainable dividends are great, but when combined with the potential for long-term growth, they can make investors rich. This stock that could fit the description. It is a real estate investment trust (REIT) that specializes in the storage of records and data for more than 220,000 customers. Here's an overview of the company, and why it could make its long-term investors very happy.
Iron Mountain's (NYSE:IRM) primary business is records storage, which it does in more than 1,400 facilities worldwide. In addition, the company has a document-shredding service that makes up a smaller portion of its revenue, as well as a growing data-storage business. More than 220,000 customers in 45 countries around the world use Iron Mountain's services, and the company's client list includes 94% of the Fortune 1000.
Source: Motley Fool
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