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