Previous Close | 168.23 |
Open | 167.50 |
Bid | 166.76 x 800 |
Ask | 166.68 x 800 |
Day's Range | 166.29 - 167.55 |
52 Week Range | 120.55 - 199.18 |
Volume | |
Avg. Volume | 4,551,927 |
Market Cap | 152.81B |
Beta (5Y Monthly) | 0.75 |
PE Ratio (TTM) | 18.86 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 6.68 (3.93%) |
Ex-Dividend Date | May 09, 2024 |
1y Target Est | N/A |
(Bloomberg Law) -- Ex-Trump adviser Stephen Miller’s legal group has sued IBM Corp. subsidiary Red Hat Inc. claiming the company’s diversity goals led to the discriminatory treatment and termination of a former White male employee. Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI Slowdo
Kyndryl Holdings, the IT services infrastructure provider, posted better-than-expected quarterly results and guidance for fiscal 2025 that topped estimates. Kyndryl struggled in the early going after it was spun out of IBM in November 2021. The company packaged up some of IBM’s lower- margin services businesses, a move that effectively improved IBM’s reported growth rate as it chose to focus on cloud computing and artificial intelligence.
International Business Machines Corp (NYSE:IBM) recently announced a dividend of $1.67 per share, payable on 2024-06-10, with the ex-dividend date set for 2024-05-09. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into International Business Machines Corp's dividend performance and assess its sustainability.