IBM to split into two companies by end of 2021 As-yet unnamed “NewCo” will handle IBM’s “managed infrastructure services.” Lee Hutchinson – 10/8/2020, 8:58 AM Enlarge / A big blue Big Blue chart showing how this is going to work.
Is IBM going to split?
International Business Machines (IBM) has announced it will split into two public companies. The move is an attempt to shift its focus to higher-margin businesses like cloud computing and artificial intelligence. A new company focusing on legacy IT infrastructure will be named and spun off next year.
When is IBM next dividend payment?
The company joins a list of just a few dozen companies, known as Dividend Aristocrats, that have done the same. The next dividend from IBM will be paid on June 10 to shareholders of record on May 8.
What is IBM stock dividend?
IBM is scheduled to pay a $1.64 quarterly cash dividend on September 10, 2021. The stock pays a $6.56 dividend per share annually, which translates to a 4.62% yield. The company’s dividend has grown at a 4.3% rate over the past five years. On July 28
What is the history of IBM stock splits?
International Business Machines (IBM) has 7 splits in our International Business Machines stock split history database. The first split for IBM took place on May 18, 1964. This was a 5 for 4 split, meaning for each 4 shares of IBM owned pre-split, the shareholder now owned 5 shares.
