IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND
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.
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.
Details
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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
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
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SOURCE IBM
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