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IBM Raises Quarterly Dividend by 0.6% to $1.67

By Colin Kellaher


International Business Machines' board has raised the software and consulting giant's quarterly dividend by 0.6%, to $1.67 from $1.66.

The new payout, equal to $6.68 a year, represents an annual yield of about 4.02% based on Tuesday's trading price of $166.03.

The Armonk, N.Y., company said the increased dividend is payable June 10 to shareholders of record May 10.


Write to Colin Kellaher at


(END) Dow Jones Newswires

April 30, 2024 11:07 ET (15:07 GMT)

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