IBM raises dividend 12 pct, authorizes $5B buyback

Apr 30, 2013 by The Associated Press

IBM says its board has raised its regular quarterly dividend by 12 percent to 95 cents and approved a plan to repurchase up to $5 billion of its stock.

IBM Corp. said Tuesday that the dividend is payable on June 10 to shareholders of record as of May 10. The Armonk, N.Y.-based technology company says this is the 18th year in a row that it has raised its .

IBM says the authorization is in addition to $6.2 billion that's still left from a previous one.

Explore further: Airbnb rental site raises $450 mn

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Qualcomm ups dividend, approves up to $4B buyback

Mar 06, 2012

(AP) -- Mobile phone chip-maker Qualcomm Inc. said Tuesday that its board approved the increase of its quarterly dividend by 16 percent to 25 cents and up to $4 billion in stock buybacks.

Microsoft raises dividend 25 pct to support stock

Sep 21, 2011

(AP) -- Microsoft Corp. is trying to lift its stock price by boosting its dividend 25 percent, the largest increase since the world's largest software maker started the quarterly payments seven years ago.

Recommended for you

Airbnb rental site raises $450 mn

6 hours ago

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

US venture investments highest since 2001 (Update)

Apr 18, 2014

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

User comments : 0

More news stories

Airbnb rental site raises $450 mn

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

Health care site flagged in Heartbleed review

People with accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the ...

Under some LED bulbs whites aren't 'whiter than white'

For years, companies have been adding whiteners to laundry detergent, paints, plastics, paper and fabrics to make whites look "whiter than white," but now, with a switch away from incandescent and fluorescent lighting, different ...

Impact glass stores biodata for millions of years

(Phys.org) —Bits of plant life encapsulated in molten glass by asteroid and comet impacts millions of years ago give geologists information about climate and life forms on the ancient Earth. Scientists ...

Researchers successfully clone adult human stem cells

(Phys.org) —An international team of researchers, led by Robert Lanza, of Advanced Cell Technology, has announced that they have performed the first successful cloning of adult human skin cells into stem ...