IBM Board Approves Regular Quarterly Cash Dividend

Rhea-AI Summary

The IBM board has announced a quarterly cash dividend of $1.63 per share, scheduled for payment on March 10, 2021. Shareholders of record as of February 10, 2021 will receive this dividend. IBM has maintained a strong track record by paying consecutive quarterly dividends since 1916, highlighting its commitment to returning value to shareholders over a century of consistent performance.

Positive

• Quarterly cash dividend of $1.63 per share affirms company's strong financial position.
• Consistent dividend payments since 1916 demonstrate IBM's reliability and commitment to shareholders.

Negative

• None.

The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.63 per common share, payable March 10 , 2021 to stockholders of record February 10 , 2021. IBM has paid consecutive quarterly dividends every year since 1916.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210126005854/en/

FAQ

What is the dividend amount declared by IBM?

IBM declared a quarterly cash dividend of $1.63 per share.

When will IBM pay the dividend?

The dividend will be paid on March 10, 2021.

Who is eligible for the dividend payment from IBM?

Shareholders of record as of February 10, 2021, are eligible for the dividend.

How long has IBM been paying dividends?

IBM has been paying consecutive quarterly dividends since 1916.