dividend
confidence high
sentiment positive
materiality 0.50
Iridium declares $0.14/share dividend, approves equity plan increase to 38.1M shares
Iridium Communications Inc.
- Quarterly cash dividend of $0.14 per share payable June 30, 2025 to holders of record June 13, 2025.
- Stockholders approved Amended 2015 Equity Plan, reserving 38,097,991 shares for issuance (includes 4.5M new shares).
- Certificate of Incorporation amended to limit officer monetary liability under Delaware law.
- All ten director nominees elected; advisory say-on-pay and KPMG ratification passed with >77% support.
- Over 83% of outstanding shares voted at the May 14, 2025 annual meeting.