SEC Filing Summary: Iridium Communications Inc. (8-K)
Business Context and Reporting Period
This Form 8-K was filed by Iridium Communications Inc. on February 24, 2015. The report discloses a corporate action regarding the company's preferred stock under Item 7.01 (Regulation FD Disclosure).
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed is the declaration of a cash dividend on the 6.75% Series B Cumulative Perpetual Convertible Preferred Stock.
- Dividend Amount: $4.21875 per share
- Dividend Period: December 16, 2014 through March 15, 2015
- Payment Date: March 16, 2015
- Record Date: March 1, 2015
Material Changes
The filing does not report material changes to the company's financial condition or operations compared to prior periods. It solely announces the scheduled dividend payment for the specified quarter.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document is limited to the formal declaration of the dividend.
Key Facts for Investor Verification
- Verify the record date of March 1, 2015, to confirm eligibility for the dividend.
- Confirm the payment date of March 16, 2015, for cash flow planning.
- Note that this dividend applies specifically to the 6.75% Series B Cumulative Perpetual Convertible Preferred Stock, not common stock.