IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND

(Neutral)

Rhea-AI Summary

IBM's board declared a regular quarterly cash dividend of $1.64 per common share, payable on March 10, 2022, to stockholders of record by February 11, 2022. This marks the company's commitment to returning value to shareholders, having consistently paid dividends since 1916. The announcement underscores IBM's ongoing strategy to provide income for investors amidst evolving market conditions.

Positive

IBM continues to demonstrate a strong commitment to shareholders with a consistent dividend payout.
The declared dividend of $1.64 reflects IBM's financial stability and confidence in future growth.

Negative

None.

News Market Reaction – IBM

+1.47%

+1.47% Session move

In the trading session that priced this news, IBM gained 1.47%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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02/01/2022 - 10:28 AM

ARMONK, N.Y., Feb. 1, 2022 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.64 per common share, payable March 10, 2022 to stockholders of record February 11, 2022. IBM has paid consecutive quarterly dividends every year since 1916.

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

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SOURCE IBM

FAQ

What is the dividend amount declared by IBM for Q1 2022?

IBM declared a quarterly cash dividend of $1.64 per common share.

When will IBM's dividend be paid?

The dividend will be payable on March 10, 2022.

What is the record date for IBM's dividend payment?

The record date for the dividend is February 11, 2022.

How long has IBM been paying dividends?

IBM has consistently paid dividends since 1916.