ARMONK, NEW YORK, OCT. 26, 2021 – The board of directors of IBM (NYSE: IBM) announced today a regular quarterly cash dividend of $1.64 per common share, payable on December 10, 2021 to stockholders of record on November 10, 2021.
This $1.64 per share dividend is the first to be paid by IBM following Kyndryl’s scheduled separation on November 3, 2021.
With this dividend, IBM will have paid dividends in a row for the first time since 1916.
When are IBM dividends typically paid?
IBM pays dividends on the 10th of March, June, September, and December each year. The dividend record date is usually about a month before the dividend payment date.
Direct deposit of dividends
IBM provides registered stockholders with the option of depositing dividends directly into their bank account. Your dividend will be delivered by Electric Funds Transfer (EFT) immediately to your selected bank account on the due date if you use the Direct Deposit service. For further information on Direct Deposit or to request an enrollment form, contact Computershare (see contact details).
Dividend reinvestment
Dividend Reinvestment is a provision of the Computershare Investment Plan that allows IBM stockholders to purchase more shares in a straightforward and simple manner. To use the IBM Dividend Reinvestment option of the Computershare Investment Plan, you must be a stockholder of record.
You can authorize Computershare to reinvest all or a portion of your dividends in new IBM shares by filling out the IBM Dividend Reinvestment enrollment form (see contact details). You can either invest the entire dividend received on your IBM common stock or specify the amount of shares for which a dividend should be paid to you by check on the Form. Computershare will reinvest the dividend on the remaining shares in your account. Participants in the Dividend Reinvestment Program pay a charge of 2% of the dividend reinvested, up to a maximum of $3.00 per reinvestment.
Loss or theft of dividend payments
If you feel your dividend check has been lost or stolen, or if you haven’t received it within three days of the due date, please contact Computershare right away. A stop payment order will be put against the original check and a replacement check will be issued to you if you authorize it. The original check is no longer valid and should not be cashed if received once a dividend check has been replaced.
By contacting Computershare, you can replace a dividend check (see contact information)
How long has IBM paid a dividend?
IBM’s hybrid cloud computing approach makes logical, and it has the ability to drive sales and earnings growth in the coming years. However, IBM has been subjecting investors to years of revenue and earnings losses to get to this point. The stock has also had a bad run. IBM’s stock has dropped roughly 33% from its all-time high.
Throughout it all, IBM’s dividend has increased. The latest raise was announced on April 27, pushing the company’s yearly dividend hike streak to 26 years. Since 1916, the corporation has paid quarterly dividends without interruption, which is an exceptional accomplishment.
What is Coca Cola dividend?
Coca-Cola pays a quarterly dividend of $0.42 per share, resulting in a dividend yield of 3.07 percent. The company’s dividend payout ratio, or the percentage of earnings paid out as dividends, has risen to over 100% in recent years. In particular, a dividend payout ratio of more than 100% is unsustainable in the long run since the company will eventually run out of cash.
Do Tesla pay dividends?
Tesla’s common stock has never paid a dividend. We want to keep all future earnings to fund future expansion, so no cash dividends are expected in the near future.
Are dividend stocks worth it?
Stocks that provide dividends are always safe. Dividend stocks are regarded as secure and dependable investments. Many of them are high-value businesses. Dividend aristocrats—companies that have increased their dividend every year for the past 25 years—are frequently seen as safe investments.
Is IBM a safe dividend stock?
- IBM is a new entrant to the Dividend Aristocrats, thanks to its long history of yearly dividend increases.
- The dividend appears to be safe, and the company’s robust cash flows back it up.
- The dividend yield on IBM stock is strong, but dividend growth has slowed substantially in recent years.
