IBM Common Stock (NYSE: IBM)

IBM (International Business Machines Corporation) is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "IBM". IBM is a component of both the Dow 30 and the S&P 500 Index.

IBM operates within the technology industry sector. Specifically, it offers a range of hardware, software, and services related to information technology, including data storage, cloud computing, artificial intelligence, blockchain technology, and cybersecurity solutions. Within the technology industry, IBM competes with other major players such as Microsoft, Amazon, Google, and Oracle, among others.

IBM is classified under the Information Technology sector and Information Technology Services sub-industry according to the Global Industry Classification Standard (GICS).

As a publicly traded company, IBM's stock price is subject to fluctuations based on a variety of factors, including the company's financial performance, global economic conditions, and industry trends. IBM also pays a dividend to its shareholders, although the amount and frequency of the dividend payments may vary depending on the company's financial results and other factors.

Investors who are interested in buying or selling IBM stock can do so through a brokerage account or an online trading platform. It's important to keep in mind that investing in stocks carries risks, and past performance is not necessarily indicative of future results. Therefore, it's always recommended to do your own research and consult with a licensed financial advisor before making any investment decisions.

IBM Common Stock Dividend

IBM currently pays a quarterly dividend of $1.65 per share to its shareholders. IBM typically pays dividends in February, May, August and November of each calendar year. The company has a long history of paying dividends and has increased its dividend payout for 25 consecutive years.

It's important to note that the dividend payout is subject to change based on various factors, such as the company's financial performance, market conditions, and management decisions. Investors should also consider other factors, such as the company's growth prospects and financial health, when evaluating whether or not to invest in a stock.

 

 

About IBM (NYSE: IBM)

IBM (International Business Machines Corporation) is an American multinational technology company that specializes in developing and selling computer hardware, middleware, and software, as well as providing hosting and consulting services. IBM is headquartered in Armonk, New York, and has operations in over 170 countries.

IBM (International Business Machines Corporation) ihas a long and rich history dating back to the late 1800s.

In 1911, the Computing-Tabulating-Recording Company (CTR) was formed through a merger of four separate companies: the Tabulating Machine Company, the International Time Recording Company, the Computing Scale Company of America, and the Bundy Manufacturing Company. CTR later changed its name to International Business Machines (IBM) in 1924.

During the 1930s and 1940s, IBM became a leading provider of punch-card technology used for data processing and information management. IBM's technology was instrumental in processing the U.S. Census data in 1890, and the company's machines were used by the Nazis during World War II to process data on concentration camp prisoners.

In the 1950s and 1960s, IBM pioneered the development of mainframe computers, which were used by businesses and government agencies for data processing and storage. The company's System/360 mainframe computer, introduced in 1964, was a breakthrough that enabled companies to run a wide range of applications on a single machine.

During the 1970s and 1980s, IBM faced increased competition from companies such as Apple and Microsoft in the personal computer market. In response, IBM developed its own personal computer, the IBM PC, which was introduced in 1981 and became a dominant force in the market.

In the 1990s, IBM shifted its focus to services and software, and began divesting its hardware businesses. The company also became a leader in the development of enterprise computing solutions, such as middleware and database software.

IBM is well-known for its mainframe computers, which are used by large organizations for mission-critical applications. IBM also has a strong presence in the enterprise software market, particularly with its WebSphere and DB2 Database software products.

In recent years, IBM has been focusing on cloud computing, artificial intelligence, and quantum computing. The company offers various cloud services through its IBM Cloud platform, and it has developed its Watson AI system for use in fields such as healthcare and finance. IBM is also one of the leaders in the development of quantum computers, with its IBM Q system being used by researchers and developers around the world.

IBM is a leading provider of cloud computing, artificial intelligence, and blockchain technology. The company has a strong presence in a wide range of industries, including healthcare, finance, and government. IBM is also known for its research and development efforts, and has been awarded more U.S. patents than any other company for 28 consecutive years.