Company Website:
http://www.ibm.com
Tampa, FL -- (Business Wire)
The IBM (NYSE:IBM) board of directors today declared a regular quarterly
cash dividend of $1.50 per common share, payable June 10, 2017 to
stockholders of record as of May 10, 2017. Today’s dividend declaration
represents an increase of $0.10, or seven percent higher than the prior
quarterly dividend of $1.40 per common share.
This is the 22nd year in a row that IBM has increased its
quarterly cash dividend -- IBM has more than doubled its quarterly
dividend per share since 2010. IBM has paid consecutive quarterly
dividends since 1916.
Ginni Rometty, IBM chairman, president and chief executive officer said,
"Years of investments have made IBM the world's leader in enterprise
cloud and cognitive computing. Our strong profit and cash flow
performance allows us to make the investments required to drive our
transformation and to return capital to shareholders."
View source version on businesswire.com: http://www.businesswire.com/news/home/20170425006062/en/
Contacts:
IBM
Edward Barbini, 914-499-6565
barbini@us.ibm.com
Source: IBM
© 2024 Canjex Publishing Ltd. All rights reserved.