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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (31160)	4/26/2019 8:07:03 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

I thought hard about doing the same, but didn't pull the trigger.... at least not yet... I'm updating my next man up and general watch lists for companies by re-screening a number of tickers... I like IRM's biz model a lot and they appear to be quite competent... and a very nice (relatively safe) yield, plus decent distribution increases. I notice that analysts are all over the map wrt IRM, ranging from outright sell to outright buy and everything in between. Seems like this earnings reporting season, any perceived miss or negative is met with large volume selling, while those meeting or exceeding analyst/consensus estimates simply drift a bit higher or lower...

To: Ditchdigger who wrote (31160)	8/2/2024 7:41:52 AM
From: Ditchdigger	3 Recommendations Recommended By B.K.Myers Graustus Thehammer Read Replies (3) \| Respond to of 34328

IRM came out with an earnings beat and increased the dividend 10%, in line with AFFO growth. ( I don't know what a fair price is for the stock. I like the prudent management, future prospects and will continue to hold for the long term.) A few snippits from the conference call. Dividends "our Board of Directors has authorized an increase of our quarterly dividend by 10% to $0.715, in line with our AFFO per share growth" " Turning to our dividends, on a trailing four quarter basis, our payout ratio is now 60%" Data centers from the Q&A "And I mean, a couple of statistics we're 96% leased in our operating portfolio." "And in our under development construction portfolio, which is about 10% bigger than what we're operating, maybe even 15% bigger than we're operating. We're 96% leased on that as well on a pre-lease basis." "But as Barry said is, overnight -- well over 90% like overground, 96% is all pre-leased and it's a fully funded plan as we highlighted in the Investor Day. So we don't see any -- we feel really good in terms of the way that we're able to fund the growth. And so we're happy in terms of the trajectory that we have without, going out, raising equity."