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10/29/2019, 5:08 PM (Source: TeleTrader)
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IBM to pay dividend of $1.62 per share, flat QoQ

International Business Machines Corp. declared on Tuesday a regular cash dividend of $1.62 per common share. The sum is payable on December 10 to equity holders of record on November 8, IBM added.

The computer and software maker based in Armonk, New York, noted it has been paying consecutive quarterly dividends since 1916. It paid $1.62 per share in the past two quarters or five cents more than the previous four times.

IBM traded 0.83% lower at 10:51 am ET or for $134.84 per share.

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