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Stockholders' Equity Matters
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Stockholders' Equity Matters STOCKHOLDERS' EQUITY MATTERS
DIVIDENDS
In fiscal year 2023 and the nine months ended September 30, 2024, our board of directors declared the following dividends:
DECLARATION DATEDIVIDEND
PER SHARE
RECORD DATETOTAL
AMOUNT
PAYMENT DATE
February 23, 2023$0.6185 March 15, 2023$180,339 April 5, 2023
May 4, 20230.6185 June 15, 2023180,493 July 6, 2023
August 3, 20230.6500 September 15, 2023189,730 October 5, 2023
November 2, 20230.6500 December 15, 2023189,886 January 4, 2024
February 22, 20240.6500 March 15, 2024190,506 April 4, 2024
May 2, 20240.6500 June 17, 2024190,643 July 5, 2024
August 1, 20240.7150 September 16, 2024209,776 October 3, 2024
On November 6, 2024, we declared a dividend to our stockholders of record as of December 16, 2024 of $0.715 per share, payable on January 7, 2025.
NONCONTROLLING INTERESTS
Our data center operations include two joint ventures which are consolidated within our Global Data Center Business segment as we have concluded we have control over the joint ventures.
During the quarter ended September 30, 2024, a put option available to our partner in our Iron Mountain Data Centers Virginia 4/5 JV, LP joint venture expired, triggering a change in the presentation of the related noncontrolling interest. The noncontrolling interest of approximately $53,400 was previously presented as Redeemable noncontrolling interests in our Consolidated Balance Sheets and is now presented as Noncontrolling interests within stockholders’ equity in our Condensed Consolidated Balance Sheet at September 30, 2024.
During the quarter ended September 30, 2024, we entered into an agreement with a partner to form our Iron Mountain Data Centers Virginia 6/7 JV, LLC joint venture, which resulted in Noncontrolling interests of approximately $103,100 in our Condensed Consolidated Balance Sheet at September 30, 2024.