IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND

Rhea-AI Summary

On January 31, 2023, IBM declared a quarterly cash dividend of $1.65 per common share, payable on March 10, 2023, to shareholders of record as of February 10, 2023. This marks over a century of consecutive quarterly dividends since 1916, reflecting IBM's commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $1.65 per share enhances income for shareholders.
• Consistent dividend payments since 1916 demonstrate IBM's financial stability and confidence.

Negative

• None.

ARMONK, N.Y., Jan. 31, 2023 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.65 per common share, payable March 10, 2023 to stockholders of record February 10, 2023.  IBM has paid consecutive quarterly dividends every year since 1916. 

Contact:

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 2023?

IBM declared a dividend of $1.65 per common share.

When will IBM's dividend be paid?

The dividend will be paid on March 10, 2023.

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

The record date for the dividend payment is February 10, 2023.

How long has IBM been paying dividends?

IBM has been paying consecutive quarterly dividends since 1916.