Iridium Communications Inc. (IRDM)
Iridium Communications Inc. (IRDM) provides global satellite communications services through its Iridium satellite constellation, enabling voice and data connectivity across the entire Earth, including remote and maritime regions. Founded in 1997, the company offers solutions for military, aviation, maritime, government, and enterprise customers, specializing in reliable, low-latency communication networks via its interconnected satellites.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 30, 2025 | $0.15 | 2025-09-15 | 2025-09-15 |
| June 30, 2025 | $0.14 | 2025-06-13 | 2025-06-13 |
| March 31, 2025 | $0.14 | 2025-03-17 | 2025-03-17 |
| December 31, 2024 | $0.14 | 2024-12-16 | 2024-12-16 |
| September 30, 2024 | $0.14 | 2024-09-13 | 2024-09-13 |
Dividends Summary
- Iridium Communications Inc. has issued 11 dividend payments over the past 2 years
- The most recent dividend was paid 22 days ago, on September 30, 2025
- The highest dividend payed out to investors during this period was $0.15 per share
- The average dividend paid during this period was $0.14 per share.
Company News
NextPlat Corp provides an update on its strategic progress across healthcare services, communications, and e-commerce channels, highlighting cost reduction efforts, new contracts, and technology investments aimed at driving growth and profitability.
Graphene Investments SAS sold its entire 115,300 share stake in Iridium Communications during the quarter, with an estimated transaction value of $3.48 million, citing disappointing performance and challenging market conditions.
The satellite communication market is expected to grow significantly, driven by the increasing demand for reliable internet connectivity, particularly in remote and underserved areas. The services segment is projected to experience the highest growth, with a CAGR of 12.5% during the forecast period.
Adtran (ADTN) and Iridium unite to introduce cutting-edge synchronization solutions across Europe and Asia-Pacific, bolstering resilience against GNSS vulnerabilities with state-of-the-art STL technology.