Intnl Bus. Mach Dividend Declaration
26 April 2022 - 11:18PM
UK Regulatory
TIDMIBM
IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 27th CONSECUTIVE
YEAR
ARMONK, N.Y., April 26, 2022 -- The IBM (NYSE: IBM) board of directors today
declared an increase in the regular quarterly cash dividend to $1.65 per common
share, payable June 10, 2022 to stockholders of record as of May 10, 2022.
This is the 27th year in a row that IBM has increased its quarterly cash
dividend. IBM has paid consecutive quarterly dividends since 1916.
Arvind Krishna, IBM chairman and chief executive officer, said: "Clients and
partners are actively seeking out, and taking advantage of, IBM's hybrid cloud
and AI technologies. Our cash generation is solid, and we continue to invest in
the business and return value to shareholders through our longstanding dividend
policy."
Contact:
Tim Davidson
914-844-7847
tfdavids@us.ibm.com
END
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