Iron Mountain (IRM.NY)
Iron Mountain Inc. is an American enterprise information management services company founded in 1951 and headquartered in Boston, Massachusetts.
Current yield at 7.3% at $33.96
Assuming dividends to remain the same, $35 price mark will be at 7% dividend yield. This is still relatively high.
Furthermore, Iron Mountain just announced extensions to the platform to strengthen the company's digital transformation offerings for customers of all sizes. This translates to wider and diversified revenue as the client segment includes a wider spectrum.
This is a strategic buy based on dividend yield % on this REIT.
Stay tuned.
