IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND

Rhea-AI Summary

The board of directors of IBM has declared a quarterly cash dividend of $1.65 per common share, which will be payable on December 10, 2022. Shareholders on record as of November 10, 2022 will receive this payment. This marks the continuation of IBM's consistent dividend payments since 1916, showcasing the company's commitment to shareholder returns and financial stability amidst changing market conditions.

Positive

• Quarterly cash dividend of $1.65 per share reinforces commitment to shareholder returns.
• IBM has maintained consecutive quarterly dividends since 1916, indicating financial stability.

Negative

• None.

News Market Reaction – IBM

+0.18%

+0.18% Session move

In the trading session that priced this news, IBM gained 0.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ARMONK, N.Y., Oct. 25, 2022 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.65 per common share, payable December 10, 2022 to stockholders of record November 10, 2022.

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

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-board-approves-regular-quarterly-cash-dividend-301658678.html

SOURCE IBM

FAQ

When will IBM pay the next dividend?

IBM will pay the next dividend of $1.65 per share on December 10, 2022.

What is the record date for the upcoming IBM dividend?

The record date for the upcoming dividend is November 10, 2022.

How long has IBM been paying dividends?

IBM has been paying dividends consistently since 1916.