CHARLOTTE, N.C. - 29 Apr 2008: The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $0.50 per common share, payable June 10, 2008, to stockholders of record May 9, 2008.
Today's dividend declaration represents an increase of $0.10, or 25 percent higher than the prior quarterly dividend of $0.40 per common share.
IBM has increased its quarterly dividend by 150 percent since 2006. This is the 13th year in a row that IBM has increased its quarterly cash dividend.
With the payment of the June 10 dividend, IBM will have paid 370 consecutive quarterly dividends, starting in 1916.
Contact(s) information
Edward Barbini
IBM Media Relations
914-499-6565
barbini@us.ibm.com
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