iRadimed Corporation (NASDAQ:IRMD) Increases Dividend to $0.20 Per Share

iRadimed Corporation (NASDAQ:IRMD) announced a quarterly dividend on Tuesday, February 10th. Shareholders of record on Monday, February 23rd will be paid a dividend of 0.20 per share by the medical equipment provider on Friday, March 6th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, February 23rd. This is a 17.6% increase from iRadimed’s previous quarterly dividend of $0.17.

iRadimed has a payout ratio of 34.2% meaning its dividend is sufficiently covered by earnings. Analysts expect iRadimed to earn $2.00 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 34.0%.

iRadimed Trading Up 9.6%

IRMD opened at $105.15 on Wednesday. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 63.73 and a beta of 1.11. iRadimed has a 12-month low of $47.48 and a 12-month high of $107.90. The business’s fifty day simple moving average is $98.08 and its 200-day simple moving average is $83.43.

iRadimed (NASDAQ:IRMD) last released its quarterly earnings data on Tuesday, February 10th. The medical equipment provider reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. iRadimed had a net margin of 26.31% and a return on equity of 22.93%. The company had revenue of $22.69 million during the quarter, compared to analyst estimates of $21.60 million. iRadimed has set its Q1 2026 guidance at 0.440-0.480 EPS and its FY 2026 guidance at 2.060-2.210 EPS. On average, equities research analysts predict that iRadimed will post 1.66 EPS for the current year.

About iRadimed

iRadimed Corporation designs, develops and manufactures medical device solutions for MRI environments. The company’s core product line consists of MRI-compatible infusion systems engineered to deliver precise fluid management during magnetic resonance imaging procedures. These devices are crafted to minimize electrical noise and interference, ensuring both patient safety and image clarity in diagnostic and interventional settings.

In addition to infusion pumps, iRadimed offers a range of complementary accessories and monitoring solutions tailored to MRI suites.