Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

IBM Board Approves Increase in Quarterly Cash Dividend for the 25th Consecutive Year


The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.63 per common share, payable June 10, 2020 to stockholders of record as of May 8, 2020. Today’s


The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.63 per common share, payable June 10, 2020 to stockholders of record as of May 8, 2020. Today’s dividend declaration represents an increase of $0.01 per common share.

This is the 25th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.

Arvind Krishna, IBM chief executive officer, said, "IBM's free cash flow and our strong balance sheet gives us confidence to both invest aggressively in cloud and AI technologies, while also returning value to our shareholders. We remain fully committed to our dividend even during this unprecedented time, and we recognize the importance of the dividend to the more than 2.3 million investors in IBM.”

International Business Machines Corp Stock

€105.70
-0.140%
The price for the International Business Machines Corp stock decreased slightly today. Compared to yesterday there is a change of -€0.150 (-0.140%).
With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of €130.00 shows a positive potential of 22.990% compared to the current price of €105.70 for International Business Machines Corp.
Like: 0
Share

Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.


Comments

You may not comment on this article as you either did not confirm your account yet or were blocked. If you think this is a mistake please contact us. Show more