This represents a $6.52 annualized dividend and a dividend yield of 5.18%. Get short term trading ideas from the MarketBeat Idea Engine.
The novel coronavirus pandemic is striking IBM as it shifts gears, and Krishna must quickly prove that higher revenue from Red Hat, its cloud services, and mainframe unit can offset its weaknesses and generate sustainable growth.Over the past 12 months, IBM spent 48% of its free cash flow (FCF) and 61% of its earnings per share (EPS) on its dividends. IBM's stock price is driven by global business demand for IT services, particularly Software and Global Technology Services.
IBM is based in Armonk, New York. Upon authorization from you, a stop payment order will be placed against the original check and a replacement check will be issued to you.
At the current stock price IBM trades at a forward price-to-earnings ratio of about 10.5. The company was founded in 1910 as Computing-Tabulating-Recording Company and changed its name to International Business Machines Corporation in 1924. For now, IBM stock trades for about 10.5 times projected 2020 earnings, and analysts expect annual earnings growth to average about 3.9% over the next five years. The ex-dividend date of this dividend is Thursday, May 7th. IBM is probably slightly undervalued at the moment based on reduced consensus 2020 earnings of $11.09 per share. IBM's most recent quarterly dividend payment was made to shareholders of record on Wednesday, June 10. I view the stock as a long-term buy. Investors looking for a future Dividend Aristocrat with limited downside potential should stick with Big Blue through these volatile times.That massive yield is tough to ignore, especially since Big Blue seemingly approached an inflection point earlier this year. This payout ratio is at a healthy, sustainable level, below 75%.IBM trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBM. Date Details; 5/7/2020: … The technology company earns $9.43 billion in net income (profit) each year or $12.81 on an earnings per share basis. Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information.Check out the securities going ex-dividend this week.Fixed income news, reports, video and more.Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center.Read special reports based on Dividend.com’s proprietary research methodologies.Attention traders.
Use our new tool, Propelor, to track your future dividend income and better manage your portfolio when stocks like IBM Corp. increase dividend. Using the IBM Dividend Reinvestment enrollment form obtainable from Computershare (see contact information), you can authorize Computershare to reinvest all or a portion of your dividends in additional IBM shares. The current TTM dividend payout for IBM (IBM) as of July 27, 2020 is $6.52 . Stockholders of record on Friday, May 8th will be given a dividend of $1.63 per share on Wednesday, June 10th. Stock charts. View which stocks are hot on social media with MarketBeat's trending stocks report.IBM has received a consensus rating of Hold. These are: Global Technology Services, Global Business Services, Software, Systems and Technology and Global Financing. Below, we present an analysis of key securities that announced an increase in dividends and are going ex-dividend this week.
Predicted Next Dividend Ex-Date For IBM: August 7th (the typical date would have fallen on a Saturday) This prediction for the IBM next dividend date is extrapolated from past data and therefore may or may not be useful as a future predictor depending on company-specific circumstances. Sign-up to receive the latest news and ratings for IBM and its competitors with MarketBeat's FREE daily newsletter.Receive a free world-class investing education from MarketBeat.
High institutional ownership can be a signal of strong market trust in this company.Looking for new stock ideas? Learn about financial terms, types of investments, trading strategies and more.IBM has a PEG Ratio of 3.43. International Business Machines Corp (Symbol: IBM) has been named to the Dividend Channel ''S.A.F.E. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.IBM is a leading dividend payer. The company has grown its dividend for the last 20 consecutive years and is increasing its dividend by an average of 16.91% each year.