IBM (IBM) Higher Following Dividend Boost, Increased Buyback
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Price: $302.74 +1.08%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +4.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +4.9%
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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.
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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