|Bid||111.21 x 800|
|Ask||111.25 x 800|
|Day's Range||107.80 - 111.80|
|52 Week Range||90.56 - 158.75|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||12.60|
|Forward Dividend & Yield||6.52 (5.90%)|
|Ex-Dividend Date||Nov. 09, 2020|
|1y Target Est||N/A|
It's hard to imagine a big tech stock more down on its luck than International Business Machines (NYSE: IBM). While the Nasdaq index is up 28.4% on the year, IBM is down 17.5% as of this writing. The company's new CEO Arvind Krishna just took over the top job in April and recently announced a spinoff of IBM's slower-growth IT services business to refocus on its hybrid cloud and artificial intelligence technology.
Don't get me wrong, Coke is a great dividend stock. It's just that these three income-generating stocks are even better.
International Business Machines (NYSE: IBM) and AT&T (NYSE: T) are forming a partnership in the cloud, they announced today. Using AT&T's 5G networks and IBM Cloud Satellite with Red Hat OpenShift, both companies will help organizations manage applications hosted in the hybrid cloud. The hybrid cloud environment will connect through AT&T Multi-Access Edge Computing.