IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 30th CONSECUTIVE YEAR
Rhea-AI Summary
IBM has announced its board of directors' approval for an increase in the regular quarterly cash dividend to $1.68 per common share. This marks a significant milestone as it represents the 30th consecutive year of dividend increases for the technology giant.
The dividend will be payable on June 10, 2025, to stockholders of record as of May 9, 2025. This decision reinforces IBM's long-standing commitment to shareholder returns, as the company has maintained an unbroken streak of paying quarterly dividends since 1916.
Positive
- 30th consecutive year of dividend increases, demonstrating consistent financial strength
- Long-term dividend reliability with uninterrupted quarterly payments since 1916
- Increased quarterly dividend to $1.68 per share
Negative
- None.
News Market Reaction – IBM
In the trading session that priced this news, IBM gained 1.37%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
This is the 30th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.
Media Contact:
Tim Davidson
914-844-7847
tfdavids@us.ibm.com
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SOURCE IBM