Stock Purchase - Iron Mountain (50 shares, $77 div income)

Iron Mountain (NYSE:IRM) is a REIT involved in the storage and information management business with more than 156,000 customers throughout North America, Europe, Latin America, and Asia. They store valuable historical artifacts, cultural treasures, business documents and medical records in various secure facilities worldwide.

With a respectable dividend streak of 6 years, Iron Mountain is an attractive stock pick for income investors looking for decent yields. Recent market volatility provided a nice lower entry point to add this stock so hopefully this will pay off  even more longer term.

This purchase will add $77/yr to the dividend income portfolio

Basic info:

Market CAP: 5.5B   EPS: $0.60   Dividend: $1.97 (7.18%)