Intnl Bus. Mach IBM Board Approves Increase in Quarterly Cash Dividend for the 24th Consecutive Year
April 30 2019 - 8:45AM
UK Regulatory
TIDMIBM
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
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