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Iron Mountain lifts quarterly dividend 15% to 99.3 cents

Iron Mountain will pay shareholders 99.3 cents per share each quarter, a 15% increase from the previous 86.4 cents, after the company’s board approved the higher payout.

Iron Mountain lifts quarterly dividend 15% to 99.3 cents

The new dividend amounts to about $3.97 a year and implies an annual yield of about 3.35%, based on Wednesday’s closing share price of $118.66. The previous payout carried a yield of 2.91% on the same basis.

The Portsmouth, N.H.-based storage and information-management services company said Thursday that the increased dividend is payable Jan. 6 to shareholders of record Dec. 15.

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