|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||136.70 - 139.77|
|52 Week Range||105.92 - 139.77|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||23.10|
|Earnings Date||Jul 19, 2021|
|Forward Dividend & Yield||6.52 (4.90%)|
|Ex-Dividend Date||Feb 09, 2021|
|1y Target Est||140.72|
Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman break down the earnings reports for Procter & Gamble, IBM, United Airlines, and Philip Morris.
Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia's instant payments system 'sarie' in cooperation with IBM (NYSE: IBM) and Mastercard (NYSE: MA), the leading technology company in the global payments industry. This collaboration marks a key milestone for payments innovation in the region and is aligned with Saudi Payments' aim to improve the Kingdom's financial ecosystem, mainly through the adoption of faster payments and improvements to banking reconciliation. Today, 'sarie' supports all Saudi banks across the Kingdom and is available for use by their customers.
"Strong performance this quarter in cloud, driven by increasing client adoption of our hybrid cloud platform, and growth in software and consulting enabled us to get off to a solid start for the year," CEO Arvind Krishna said in a press release. It produced adjusted free cash flow of $2.2 billion in the first quarter, which allowed it to reward shareholders with $1.5 billion in dividends. Management also signaled that the company's cash flow generation will remain strong, with its guidance for adjusted free cash flow of $11 billion to $12 billion.