IBM (IBM) Higher Following Dividend Boost, Increased Buyback
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IBM (NYSE: IBM) shares are higher early Tuesday following a release that it boosted its quarterly dividend 13 percent as well as added $7 billion to its current common stock buyback plan.
The dividend, now at 85 cents per share, yields about 1.7 percent annually.
Shares are up nearly 0.9 percent in early trading.
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The dividend, now at 85 cents per share, yields about 1.7 percent annually.
Shares are up nearly 0.9 percent in early trading.
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