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IBM International Business Machines Corporation

118.95
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
International Business Machines Corporation LSE:IBM London Ordinary Share COM STK USD0.20 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 118.95 8,334 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Communication Equip 61.86B 7.5B 8.1833 22.50 168.77B

Intnl Bus. Mach IBM Board Approves Increase in Quarterly Cash Dividend for the 23rd Consecutive Year

24/04/2018 3:47pm

UK Regulatory


International Business M... (LSE:IBM)
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The IBM (NYSE:IBM) Board of Directors today declared a regular quarterly cash dividend of $1.57 per common share, payable June 9, 2018 to stockholders of record as of May 10, 2018. Today's dividend declaration represents an increase of $0.07, or five percent higher than the prior quarterly dividend of $1.50 per common share.

 

This is the 23rd year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.

 

Ginni Rometty, IBM chairman, president and chief executive officer said, "IBM has tripled our quarterly dividend per share during the last decade. Our strong financial position allows IBM to invest aggressively in our high-value strategic businesses, in addition to returning money to our shareholders."

 

IBMEdward Barbini, 914-499-6565barbini@us.ibm.com

 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20180424006047/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

April 24, 2018 10:47 ET (14:47 GMT)

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