Should Investors Worry About IBM's Dividend?
International Business Machines (NYSE: IBM) is a long-standing powerhouse in the enterprise technology world, with a storied history in hardware and software. Its stock is also popular with retirees, partly because IBM is such a recognizable brand, and also because of its demonstrated consistency as a dividend payer. It's a Dividend Aristocrat with a 26-year streak of annual payout hikes.
But technology is a game of innovation, and it's questionable how well IBM is evolving to stay relevant. Should investors be worried about the company's ability to maintain its dividend, which at current share prices yields a juicy 4.6%?
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Source Fool.com
