IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND

IBM's board of directors has declared a regular quarterly cash dividend of $1.67 per common share.

Rhea-AI Summary

IBM's board of directors has declared a regular quarterly cash dividend of $1.67 per common share. This dividend will be payable on September 10, 2024 to stockholders of record as of August 9, 2024. This decision continues IBM's long-standing tradition of paying consecutive quarterly dividends since 1916, showcasing the company's commitment to delivering consistent returns to its shareholders. The announcement reinforces IBM's financial stability and its ability to maintain a steady dividend payout, which may be attractive to income-focused investors.

Positive

• Consistent quarterly dividend of $1.67 per share maintained
• Uninterrupted dividend payments since 1916, demonstrating long-term financial stability
• Continued commitment to returning value to shareholders

Negative

• None.

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ARMONK, N.Y., July 29, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.67 per common share, payable September 10, 2024 to stockholders of record August 9, 2024.

With the payment of the September 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.

Contact:  Tim Davidson
(914) 844-7847
tfdavids@us.ibm.com

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SOURCE IBM

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of IBM's quarterly dividend for September 2024?

IBM's quarterly dividend for September 2024 is $1.67 per common share.

When will IBM (NYSE: IBM) pay its next quarterly dividend?

IBM will pay its next quarterly dividend on September 10, 2024.

What is the record date for IBM's September 2024 dividend?

The record date for IBM's September 2024 dividend is August 9, 2024.

How long has IBM been paying consecutive quarterly dividends?

IBM has been paying consecutive quarterly dividends every year since 1916.