Business Context and Reporting Period
Company: Iridium Communications Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: August 7, 2015
Event: Declaration of cash dividend on Series B Preferred Stock.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a specific dividend declaration.
- Dividend Amount: $4.21875 per share.
- Security: 6.75% Series B Cumulative Perpetual Convertible Preferred Stock.
- Dividend Period: June 16, 2015 through September 15, 2015.
- Record Date: September 1, 2015.
- Payment Date: September 15, 2015.
Material Changes
The filing does not provide comparative financial data or discuss material changes in operating results versus prior periods. The only reported change is the board's declaration of the quarterly dividend.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the standard dividend announcement.
Investor Verification Checklist
- Verify the record date (September 1, 2015) to confirm eligibility for the dividend.
- Confirm the payment date (September 15, 2015) for cash flow planning.
- Review the terms of the 6.75% Series B Cumulative Perpetual Convertible Preferred Stock to understand conversion rights and cumulative features.
- Check subsequent filings for confirmation of the dividend payment execution.