IBM (IBM) Stock: Quarterly Dividend Increase Declared

By Amit Chowdhry ● Apr 26, 2022
  • The IBM (NYSE: IBM) board has declared an increase in the quarterly cash dividend. These are the details.

The IBM (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.65 per common share, payable June 10, 2022, to stockholders of record as of May 10, 2022.

This is known as the 27th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.

KEY QUOTE:

“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.”

— Arvind Krishna, IBM chairman and chief executive officer

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.