IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND
IBM's board of directors declared a quarterly cash dividend of $1.65 per common share, to be paid on September 10, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
IBM's board of directors declared a quarterly cash dividend of $1.65 per common share, to be paid on September 10, 2022. Stockholders of record by August 10, 2022 will receive this payment. Notably, with this announcement, IBM continues its streak of paying consecutive quarterly dividends since 1916, reflecting its commitment to shareholder returns.
Positive
- Continued payment of quarterly dividends since 1916, demonstrating financial stability and commitment to shareholders.
- Dividend amount of $1.65 enhances shareholder income.
Negative
- None.
Details
News Market Reaction – IBM
The recorded move for IBM in the trading session of this news was -0.36%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ARMONK, N.Y., July 25, 2022 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of
With the payment of the September 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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