International Business Machines Corporation (NYSE:IBM) will begin trading ex-dividend on August 7, 2020. The quarterly dividend payment of $ 1.63 per share is scheduled to be paid on September 10, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on August 7, 2020.
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According to the previous trading day, closing price of IBM was $ 126.12, representing a 39.27 % increase from the 52 week low of $ 90.56 and a 20.55 % decrease over the 52 week high of $ 158.75.
The company has a market capital of $ 112.32 billion and is part of the Technology sector and Information Technology Services industry.
International Business Machines Corporation operates as an integrated technology and services company worldwide. Its Cognitive Solutions segment offers a portfolio of enterprise artificial intelligence platforms, such as analytics and data management platforms, cloud data services, talent management, and industry solutions primarily under the Watson Platform, Watson Health, and Watson Internet of Things names. This segment also offers transaction processing software for use in banking, airlines, and retail industries.