Tuesday, April 26, 2011

IBM ups dividend 15%; Increases buy back plan of $8 (b)

Apr. 26 2011-2: 26 pm | 0 views | 0 Recommendations |

Morning the quarterly dividend to 75 cents from 65 cents, an increase of 15% moved today IBM (IBM). This brings the annual rate to $3, for a yield of about 1.8%. The company stated that that is 16 times in a row, that the payment has increased you. The company has since 1916 a year was paid.


The company also said that the Board authorizes increase in their share buy-back program, in addition to $4.7 billion on a previous authorization in an $8 billion.


IBM was up 56 cents, or 0.3% to $168.23

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