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IBM Approves Quarterly Dividend Increase For 27th Consecutive Year – $IBM $DIA

By John F. Heerdink, Jr.

Reportedly, the board of (IBM) announced an increase in the regular quarterly cash dividend to $1.65 per common share, marking it the 27th year in a row that the company has increased its quarterly cash dividend. The dividend is payable on June 10, 2022, to stockholders as of May 10, 2022. This is the 27th year in a row that IBM has increased its quarterly cash dividend.

Arvind Krishna, IBM chairman, and the chief executive officer stated, “Clients and partners are actively seeking out, and taking advantage of, IBM’s hybrid cloud and AI technologies. Our cash generation is solid, and we continue to invest in the business and return value to shareholders through our longstanding dividend policy.”
 

Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page


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(Read Original Story: IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 27th CONSECUTIVE YEAR in PR Newswire)


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