Iridium Communications (IRDM) Dividend Coverage Ratio (2023 - 2026)
Iridium Communications' Dividend Coverage Ratio was 0.60 in Q2 2026, down 58.9% from 1.45 a year earlier and down 54.3% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Dividend Coverage Ratio (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iridium Communications' Dividend Coverage Ratio was 0.97 through Jun 30, 2026, down 45.9% year-over-year; for FY2025, it came in at 1.82, up 4.4% from FY2024.
- In earlier years, Dividend Coverage Ratio was 1.74 in FY2024 (+632.0%) and 0.24 in FY2023.
- The Q2 2026 figure marks the lowest quarterly Dividend Coverage Ratio since Q3 2023.
- Compared with a year earlier, Dividend Coverage Ratio has declined for five straight quarters, with an average decline of 20.1% over the last seven quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q1 2024 (growth of 105.1%); the worst was Q2 2026 (a decline of 58.9%).
- Per Business Quant data, IRDM's Dividend Coverage Ratio in the three quarters before Q2 2026 was 1.31 (Q1 2026), 1.55 (Q4 2025) and 0.79 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | - |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 2.94 |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 2.32 |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | - |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | - |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | - |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | - |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 1.37 |
| 10 | Iridium Communications | 5.12 Bn | 4.64 Bn | 160.45 Mn | 0.60 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60 |
| Mar 31, 2026 | 1.31 |
| Dec 31, 2025 | 1.55 |
| Sep 30, 2025 | 0.79 |
| Jun 30, 2025 | 1.45 |
| Mar 31, 2025 | 1.94 |
| Dec 31, 2024 | 2.32 |
| Sep 30, 2024 | 1.50 |
| Jun 30, 2024 | 1.94 |
| Mar 31, 2024 | 1.22 |
| Dec 31, 2023 | 2.38 |
| Sep 30, 2023 | -0.10 |
| Jun 30, 2023 | -1.89 |
| Mar 31, 2023 | 0.60 |
API Access
Iridium Communications Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "IRDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();