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  5. IBM Board Approves Increase in Quarterly Cash Dividend for the 24th Consecutive Year

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IBM Board Approves Increase in Quarterly Cash Dividend for the 24th Consecutive Year

30 Apr 2019 14:45

The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.62 per common share, payable June 10, 2019 to stockholders of record as of May 10, 2019. Today’s dividend declaration represents an increase of $0.05 per common share.

This is the 24th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.

Ginni Rometty, IBM chairman, president and chief executive officer said, "Our strong cash generation has enabled IBM to invest aggressively in the emerging, high-value segments of our industry, while continuing to return capital to our shareholders."

IBM
Edward Barbini, 914-499-6565

barbini@us.ibm.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20190430005683/en/

Copyright Business Wire 2019

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16th Oct 20097:00 amBUSIBM Reports 2009 Third-Quarter Results
28th Jul 20093:44 pmBUSIBM Board Approves Regular Quarterly Cash Dividend
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21st Apr 20097:00 amBUSIBM Reports 2009 First-Quarter Results
10th Mar 20097:00 amBUSAnnual report & accounts
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31st Oct 20063:42 pmBUSIBM Board Approves Regular Quarterly Cash Dividend
18th Oct 20067:00 amBUSIBM Reports 2006 Third-Quarter Results
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