Iron Mountain Stock To Go Ex-dividend Tomorrow (IRM)

NEW YORK ( TheStreet) -- The ex-dividend date for Iron Mountain (NYSE: IRM) is tomorrow, March 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $29.22 as of 9:30 a.m. ET, the dividend yield is 3.4%.

The average volume for Iron Mountain has been 1.7 million shares per day over the past 30 days. Iron Mountain has a market cap of $5.85 billion and is part of the technology sector and computer software & services industry. Shares are down 4.8% year to date as of the close of trading on Monday.

Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 23.2, above the average computer software & services industry P/E ratio of 16.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Iron Mountain as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Iron Mountain Ratings Report.

See our dividend calendar or top-yielding stocks list.

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