Understanding the Best Dividend REIT Stocks in Data Centers
Tuesday, 6 August 2024, 20:00
Iron Mountain Overview
Iron Mountain Inc. (NYSE:IRM) is a prominent data storage REIT recently making headlines due to its strong performance.
Recent Performance
- Posted solid second-quarter results.
- Increased quarterly dividend by 10%.
- Currently offers a dividend yield of 2.68%.
Future Expectations
The company has optimistic predictions for 2024, aiming to maintain growth momentum in the competitive data center market.
Comparison with Digital Realty
Digital Realty is another key player in the REIT sector that investors should consider alongside Iron Mountain.
Conclusion
Both Iron Mountain and Digital Realty present unique opportunities for dividend-focused investors to explore.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.