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For example, the $1.67 dividend per share IBM paid on June 10 was a $0.01 step up from $1.66 per share in the previous four payouts. Though the dividend increases have been modest, they underscore ...
IBM should pay dividends of at least $6.71 per share next year, adding up to roughly $6.2 billion in total dividend expenses. And these costs are becoming a smaller portion of IBM's growing cash flow.
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The company had posted a $5 billion annual loss. [10] The dividend was also slashed from $1.21 to 54 cents, after the company had failed to make enough profit to cover its dividend payments for eight business quarters. IBM president Jack Kuehler was shifted to the post of vice-chairman, while finance director Frank Metz was also ousted. Paul ...
IBM may not have the same cachet these days as Apple and Microsoft, but it’s still a multinational tech company, and has a history dating back to 1911 that makes the other two look like relative ...
AT&T Inc. (T) was removed due to its dividend cut [13] and People's United Financial, Inc. (PBCT) was removed when its merger with M&T Bank Corporation was finalized. [14] In 2021, there were three additions to the index: IBM (IBM), NextEra Energy (NEE) and West Pharmaceutical Services (WST).
International Business Machines Corporation (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.
IBM has a history of returning value to shareholders through dividends. However, company shares have been disappointing in recent years. It has yet to exceed an all-time high of $206 set in 2013 ...