A few days ago International Business Machines (IBM) announced a dividend raise. Their quarterly dividend payment was increased from $ 1,57 to $ 1,62 which is an increase of 3,2%. The raise is modest but I guess IBM needs to preseve some of their cashflow given the recent acquisition of RedHat.
Since my investment in IBM almost 5 years ago, they've managed to increase their dividend by about 9% per year on average. So really I've got nothing to complain on that front.
Are you an owner of IBM? Did you like the raise from IBM?
Since my investment in IBM almost 5 years ago, they've managed to increase their dividend by about 9% per year on average. So really I've got nothing to complain on that front.
The raise from IBM was my 14th raise this year. Together these raises have added almost € 40 to my expected yearly dividend income (before taxes). Let's hope the other remaining companies follow suit with a nice raise!
Are you an owner of IBM? Did you like the raise from IBM?
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