IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND
Rhea-AI Summary
IBM (NYSE: IBM) has announced its board of directors has declared a regular quarterly cash dividend of $1.67 per common share. The dividend will be paid on March 10, 2025, to stockholders of record as of February 10, 2025. This payment continues IBM's remarkable track record of paying consecutive quarterly dividends since 1916, demonstrating over a century of consistent shareholder returns.
Positive
- Maintains consistent $1.67 quarterly dividend payout
- Demonstrates strong financial stability with uninterrupted dividend payments since 1916
- Provides reliable income stream to shareholders
Negative
- None.
News Market Reaction
On the day this news was published, IBM gained 0.68%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
With the payment of the March 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.
Media contact:
Tim Davidson
(914) 844-7847
tfdavids@us.ibm.com
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SOURCE IBM