IBM Just Boosted Its Dividend. Is It Time to Buy?

International Business Machines (NYSE: IBM) announced a $0.01 per share dividend hike on Tuesday, extending its streak of annual payout increases to 30 years. The quarterly dividend that will be paid on June 10 to shareholders of record as of May 9 will be $1.68 per share. At the current share price, IBM stock now has a forward yield of about 2.8%IBM has paid quarterly dividends uninterrupted since 1916, and it has raised them through the bursting of the dot-com bubble, the financial crisis, the pandemic, and now the outset of President Donald Trump's global trade war. While its latest increase was small, it made IBM a bit more attractive for income investors.IBM isn't immune from a potential economic slowdown caused by Trump's unpredictable tariffs. The company's first-quarter report was generally positive, but its consulting segment did experience some headwinds. Customers continued to spend cautiously on discretionary projects, and the DOGE team's spending cuts led to some contract cancellations.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool