IBM has declared a quarterly cash dividend of $1.67 per common share for payment in 2024.
This specific dividend was announced by the IBM (NYSE: IBM) board of directors. It is a regular quarterly cash dividend, indicating a consistent payment practice by the company. Shareholders of record by November 12, 2024, are eligible to receive this dividend, which is scheduled for payment on December 10, 2024.
Understanding dividend declarations involves recognizing key dates and amounts:
- Declaration Date: The date the board of directors announces the dividend.
- Record Date: The date by which an investor must be officially recorded as a shareholder to be eligible for the dividend.
- Payment Date: The date the dividend is actually paid out to eligible shareholders.
IBM's Declared Quarterly Dividend for Q4 2024
The following table summarizes the details of the specific dividend declared for payment in 2024:
Feature | Detail |
---|---|
Dividend Type | Regular Quarterly Cash |
Amount | $1.67 per common share |
Payment Date | December 10, 2024 |
Record Date | November 12, 2024 |
As a large, established technology company, IBM has a long history of paying consistent dividends, often adjusting amounts based on financial performance and strategic priorities. This quarterly payment is part of its ongoing commitment to returning value to its stockholders.