NEW YORK (

TheStreet

) -- The ex-dividend date for

International Business Machines

(NYSE:

IBM

) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 75 cents per share. At a price of $192.24 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for International Business Machines has been 5.1 million shares per day over the past 30 days. International Business Machines has a market cap of $226.21 billion and is part of the

technology

sector and

computer hardware

industry. Shares are up 4.9% year to date as of the close of trading on Monday.

International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. The company has a P/E ratio of 14.4, below the average computer hardware industry P/E ratio of 14.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates International Business Machines as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

International Business Machines Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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