Iridium Communications Inc. (NASDAQ:IRDM) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
On November 21, 2016, Iridium Communications Inc. announced that its board of directors had declared a cash dividend on its 6.75% Series B Cumulative Perpetual Convertible Preferred Stock of $4.21875 per share, representing a dividend for the period from and including September 16, 2016 through December 15, 2016. The dividend is payable on December 15, 2016, to all stockholders of record as of December 1, 2016.
About Iridium Communications Inc. (NASDAQ:IRDM)
Iridium Communications Inc. is a satellite communications company that offers mobile voice and data communications services. The Company utilizes mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. Its lines of business include land mobile, machine to machine, maritime, aviation and government. Its commercial services include postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; machine-to-machine services; Iridium push-to-talk service, and other services. It provides services to businesses, the United States and foreign governments, non-governmental organizations and consumers. The Company sells its products and services to customers through a wholesale distribution network of approximately 75 service providers, approximately 200 value-added resellers and over 45 value-added manufacturers. Iridium Communications Inc. (NASDAQ:IRDM) Recent Trading Information
Iridium Communications Inc. (NASDAQ:IRDM) closed its last trading session up +0.15 at 8.85 with 401,905 shares trading hands.