Iron Mountain Keeping Dividend Steady

Iron Mountain (NYSE: IRM  ) has declared plans to keep its quarterly dividend steady at $0.27 per share.

The storage and data management company has paid this amount to investors since July 2012, after boosting its payout by $0.02, or 8%, from $0.25. Additionally, in November 2012 Iron Mountain also paid investors a special dividend of $4.06. The company will pay its current quarterly dividend on Oct. 15 to shareholders of record as of Sept. 25.

Annualized, Iron Mountain's dividend adds to $1.08 per share of common stock. As of the market's close on Sept. 10, the company's stock was trading at $25.85, which means its current dividend yield is approximately 4.2%.

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