IRDM Stock — Iridium Communications Inc.

Iridium Communications Inc. (IRDM)

IRDM is a Stock. As of September 3, 2026, its distribution rate is 1.28%, its trailing-12-month yield is 1.28%. Dividend Vision Distribution Safety Score™ is 90/100 (Safe). Total return is 452.1% over the past 18.5 years, 265.7 points behind SPY at 717.8%.

At the current 1.28% distribution rate, a $10,000 investment would generate approximately $128 per year, or $10.67 per month on an equivalent basis. Actual quarterly payments vary.

Iridium Communications Inc. provides mobile satellite communications services and products globally, serving businesses, governments, non-governmental organizations, and consumers through voice and data offerings, broadband terminals, IoT services, and specialized communications solutions across aviation, maritime, and land-based sectors. The company distributes a modest current yield paid quarterly. This equity appeals to investors seeking exposure to satellite communications infrastructure and services rather than traditional dividend-focused income strategies.

IRDM performance versus SPY

Data as of September 3, 2026.

Total return is 452.1% over the past 18.5 years, 265.7 points behind SPY at 717.8%. Its deepest 1-year drawdown was 36.4%.

IRDM key facts

Data as of September 3, 2026.

Distribution Safety Score™

90 · Safe

Safety-Adjusted Yield

1.15%

Asset type

Stock

Asset class

Equity

Inception date

03/20/2008

Distribution rate

1.28%

Distribution frequency

Quarterly

Trailing yield

1.28%

Last close

$46.95

Market cap

$4,975,833,866

Average volume

736939.0

Next dividend

$0.15

Next ex-dividend date

09/15/2026

Next payment date

09/30/2026

Beta

0.884

Payout ratio

0.5934

P/E ratio

53.97

Forward P/E

23.6967

EPS

$0.87

How Dividend Vision calculates yield and returns

Distribution rate (1.28%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.28%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IRDM risks and drawbacks

IRDM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 36.4%.

Who may consider IRDM — and who may not

IRDM may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (IRDM pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions