IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND
Rhea-AI Summary
IBM has declared a regular quarterly cash dividend of $1.67 per common share, payable on December 10, 2024 to stockholders of record as of November 12, 2024. This announcement maintains 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
Negative
- None.
With the payment of the December 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.
Media 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-302291571.html
SOURCE IBM