The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.50 per common share, payable March 10, 2018 to stockholders of record February 9, 2018. IBM has paid consecutive quarterly dividends every year since 1916.
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Tech giant's positive story remains intact thanks to an expanding product suite, likely fresh dividends and buybacks and more.
The IT giant just issued healthy long-term earnings guidance. But guidance for one key measure of its free cash flow was weaker.
IBM CFO James Kavanaugh tells TheStreet Thursday that it's taken a lot of hard work over the last three years to reposition the tech giant.