IBM raises quarterly dividend
Posted by admin . Published on 28 April 2009, Received
While the entire world is reeling under pressure and more and more companies are cutting down their dividend payments, IBM has increased the quarterly dividend payment by 10% to 55 cents a share.
It is also planning to repurchase nearly three billion dollars worth of shares, which could boost future earnings.
The repurchase will also help the company to raise finance easily at a later date.
It is rightly said that , WHEN THE GOING GETS TOUGH - THE TOUGH GETS GOING. YES IBM IS PROVING AGAIN TO BE ONE OF THE BEST MANAGED COMPANIES ACROSS THE WORLD.
ALL THE VERY BEST TO IBM MANAGEMENT AND EMPLOYEES FOR CONTINUING THEIR SUCCESSFUL JOURNEY.
