|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||144.53 - 147.30|
|52 Week Range||139.13 - 171.13|
|PE Ratio (TTM)||23.73|
|Earnings Date||Jul 18, 2018|
|Forward Dividend & Yield||6.00 (3.83%)|
|1y Target Est||169.50|
At the meeting, IBM elected directors to its board and discussed business strategy with stockholders
Once the kingpin of the technology universe, IBM has become a lumbering monolith whose stock has lagged behind its more spirited and sprightly peers, such as Facebook, Google, and Microsoft. One major reason for IBM's travails is competition has been surprisingly fierce in the ever-expanding technology space. “IBM competes in several concentrated and rapidly evolving markets, and faces competition from cognitive solution vendors, global business, and technology service vendors and systems vendors,” notes Arvind Ramnani, equity analyst at KeyBanc Capital Markets.
On April 11, I published a Tear Sheet (see below) to Framework members detailing an option investment in the bellwether of “Old Tech” – IBM. A monitor displays International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE). The company was scheduled to report earnings for the first quarter of 2018 in a week, so option prices on Big Blue were relatively high. Using the investing dictum of Buy Low, Sell Dear, we sold put options on IBM’s shares – effectively acting as an insurance company and accepting the risk of a stock price drop in return for a premium payment.
International Business Machines Corp. said Tuesday it will raise its quarterly dividend by 4.7% to $1.57 a share, marking the 23rd-straight year the technology company has boosted its payout. The new dividend, up from $1.50 a share, will be payable June 9 to shareholders of record on May 10. The stock rose 0.4% in morning trade to $146.38.
The IBM Board of Directors today declared a regular quarterly cash dividend of $1.57 per common share, payable June 9, 2018 to stockholders of record as of May 10, 2018. Today’s dividend declaration represents an increase of $0.07, or five percent higher than the prior quarterly dividend of $1.50 per common share.
International Business Machines’ (IBM) Global Business Services segment contributes nearly 21.0% of the company’s overall revenues. This segment is composed of its Application Management, Consulting, and Global Process Services units.
International Business Machines (IBM) dominates the blockchain market with its secure cloud platform and IBM Z mainframe. As one of the primary members of the Hyperledger Fabric committee, IBM makes extensively use of hyperledger technology for all its blockchain applications.
International Business Machines (IBM) is gaining market traction in the AI (artificial intelligence) technology space, driven by its cutting-edge Watson AI platform. The company’s growing cloud business is embedded with AI technology.
STMicroelectronics (STM) is scheduled to hold its annual meeting of shareholders on May 31, 2018. Shareholders will be voting on several proposals, including leadership-related matters. They will be discussing cash dividend distribution, the appointment of Jean-Marc Chery as CEO, and the reappointment of certain supervisory board members.
International Business Machines (IBM) boosts its shareholder returns through share buybacks and regular dividend payments. In the last five years, the company returned nearly $72.5 billion to its investors through dividends and share repurchases at an average of ~$14.5 billion.
IT giant International Business Machines (IBM) maintained strong double-digit growth in its Strategic Imperatives business, buoyed by strong growth in its cloud and security businesses.
IT giant International Business Machines (IBM) boosts shareholder returns by paying uninterrupted quarterly dividends every year since 1916. IBM has hiked its dividend for the last 22 years on a consecutive basis.
Amazon.com Inc. ( AMZN) has become the latest big-name tech company to move into the blockchain space. In a blog post on Thursday, Amazon Web Services (AWS), the e-commerce giant's cloud computing arm, announced the launch of AWS Blockchain Templates, “a fast and easy way to create and deploy secure blockchain networks using open source frameworks.” The new product, which TechCrunch notes will compete with similar offerings from IBM Corp. ( IBM) and Oracle Corp. ( ORCL), provides developers with pre-set blockchain frameworks that support two versions of the technology: Ethereum and the Linux Foundation's Hyperledger Fabric.
Watson Health 15 Top Health Systems Study, Formerly Truven Health Analytics 15 Top Health Systems, Measures Hospital Alignment, Identifies Healthcare Organizations Delivering Better Outcomes at Lower Cost ...
The Dow Jones Industrial Average, or Dow 30, is a price-weighted average of 30 stocks vs. most other Indexes that use market caps. For every dollar a Dow 30 stock moves it impacts the Index by 6.885 points. This means the higher priced shares can have a greater influence on it, which showed up on Friday when a small group of high priced stocks contributed a significant percentage of the Dow’s decline.