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Iridium Communications Increases Quarterly Dividend to $0.15

Story Highlights
  • Iridium increased its quarterly dividend to $0.15 per share, payable September 30, 2025.
  • Iridium’s Q2 2025 net income was $22 million, with an 8% revenue increase year-over-year.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iridium Communications Increases Quarterly Dividend to $0.15

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An update from Iridium Communications ( (IRDM) ) is now available.

On July 23, 2025, Iridium Communications announced a quarterly cash dividend increase to $0.15 per share, payable on September 30, 2025, continuing its trend of annual dividend increases since 2023. The company reported a net income of $22 million for Q2 2025, a decrease from the previous year due to a non-recurring gain in 2024, with a total revenue increase of 8% year-over-year. Iridium’s service revenue grew by 2%, driven by a 3% increase in billable subscribers, particularly in commercial IoT. The company also updated its full-year 2025 outlook, adjusting service revenue growth expectations to between 3% and 5% and maintaining its OEBITDA guidance.

The most recent analyst rating on (IRDM) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on Iridium Communications stock, see the IRDM Stock Forecast page.

Spark’s Take on IRDM Stock

According to Spark, TipRanks’ AI Analyst, IRDM is a Outperform.

Iridium Communications’ overall score reflects strong financial and technical performance, buoyed by strategic growth initiatives and robust operational metrics. While tariff-related cost pressures and net income variability present challenges, the company’s strategic adjustments and promising service revenue growth position it favorably in the telecommunications industry.

To see Spark’s full report on IRDM stock, click here.

More about Iridium Communications

Iridium Communications Inc. is a leading provider of global voice and data satellite communications. The company serves a diverse range of markets, including maritime, aviation, oil and gas, mining, recreation, forestry, construction, transportation, and emergency services, providing critical communication services integral to these industries’ operations.

Average Trading Volume: 1,218,686

Technical Sentiment Signal: Buy

Current Market Cap: $3.51B

Learn more about IRDM stock on TipRanks’ Stock Analysis page.

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