IBM Boosts Quarterly Cash Dividend By 18%, Stock Up

By | April 28, 2015

Scalper1 News

IBM (IBM) announced Tuesday that is has increased its quarterly cash dividend by 18% to $1.30 per share, marking its 20th straight year with an increase and the 12th straight with a double-digit-percentage increase. The Armonk, New York-based information technology company announced the 20-cent dividend increase at its annual shareholders meeting. It’s payable June 10 to stockholders of record as of May 8. IBM has doubled its quarterly dividend Scalper1 News

Scalper1 News