The Board of Directors (the “Board”) of Iron Mountain Incorporated
(NYSE: IRM), the storage and information management company, today
declared its first quarterly distribution as a Real Estate Investment
Trust (“REIT”) of $0.475 per share, payable on October 15, 2014 to
stockholders of record on September 25, 2014 (the “Third Quarter
Distribution”). The company also declared the remaining special
distribution to stockholders of $700.0 million, or
approximately $3.62 per share based on the number of shares currently
outstanding (the “Special Distribution”), required in connection with
the company’s conversion to a REIT.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.