IBM Board Approves 18 Percent Increase in Quarterly Cash Dividend

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IBM (IBM) Raises Quarterly Dividend 18.2% to $1.30; 3% Yield

April 28, 2015 10:27 AM EDT

IBM (NYSE: IBM) declared a quarterly dividend of $1.30 per share, or $5.2 annualized. This is an 18.2% increase from the prior dividend of $1.10.

The dividend will be payable on June 10, 2015, to stockholders of record on May 8, 2015, with an ex-dividend date of May 6, 2015.

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