This stock yields 9.12%, with an improved AFFO dividend payout ratio of 74%. Its five-year dividend growth rate is 12.94%. It has a growing data center division which had 8% in growth in Q1-2 2020.
Iron Mountain (IRM) was founded in 1951, and services 95% of the Fortune 1000 firms. It bills itself as a trusted provider, boasting a 98% retention rate. Although digitalization of records is often cited as a negative for IRM, the company also is active in digitization services. One major long-term positive factor is the fact that companies and government agencies are required by law to maintain records for several years.
Source: Seeking Alpha
Related Articles:
9% Yield, 13% Below Analyst Targets, 12% Dividend Growth
Posted by D4L | Thursday, October 29, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.