Yes, IBM is still a great dividend stock. And even if it wasn’t, I wouldn’t mind buying IBM shares at the affordable valuation ratio of 12 times forward earnings just because I expect impressive stock returns over the next couple of decades. You’re getting the best of both worlds here, and at a very reasonable price.
Similarly, Is IBM a buy hold or sell?
IBM(IBM-N) Rating
A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Can IBM stock grow? Analysts are currently predicting revenue growth of around 3%-5% for the current year and 2023. I do believe that this is relatively realistic, based on the growth rate during the most recent quarter and the solid book-to-bill ratio indicating some revenue growth potential.
Thereof, Is IBM a blue chip stock?
For all of these reasons, blue chip stocks are among the most popular to buy among investors. Some examples of blue chip stocks are IBM Corp., Coca-Cola Co., and Boeing Co.
What are analysts saying about IBM stock?
Stock Price Forecast
The 17 analysts offering 12-month price forecasts for International Business Machines Corp have a median target of 145.00, with a high estimate of 185.00 and a low estimate of 115.00. The median estimate represents a +14.92% increase from the last price of 126.17.
How stable is IBM dividend?
Yes, IBM’s dividend has been stable for the last 10 years. Does INTERNATIONAL BUSINESS MACHINES have sufficient earnings to cover their dividend? No, IBM’s past year earnings per share was $6.41, and their annual dividend per share is $6.56. IBM’s dividend payout ratio is 102.3%, which is not sustainable.
What is the ex dividend date for IBM?
IBM Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 05/07/2020 | CASH | $1.63 |
| 02/07/2020 | CASH | $1.62 |
| 11/07/2019 | CASH | $1.62 |
| 08/08/2019 | CASH | $1.62 |
What do IBM do?
International Business Machines (IBM), is a global technology company that provides hardware, software, cloud-based services and cognitive computing. Founded in 1911 following the merger of four companies in New York State by Charles Ranlett Flint, it was originally called Computing-Tabulating-Recording Company.
What is the target price for GE?
Stock Price Target GE
| High | $ 132.00 |
|---|---|
| Median | $ 116.00 |
| Low | $ 95.00 |
| Average | $ 114.24 |
| Current Price | $ 90.83 |
How often Does IBM Pay out dividends?
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend record date normally precedes the dividend payment date by approximately one month. As a registered stockholder, you are entitled to receive any cash dividends paid by IBM on the shares you hold on a record date.
What was IBM’s last dividend payout?
IBM Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 05/09/2019 | CASH | $1.62 |
| 02/07/2019 | CASH | $1.57 |
| 11/08/2018 | CASH | $1.57 |
| 08/09/2018 | CASH | $1.57 |
Is IBM’s dividend sustainable?
International Business Machines a Top Ranked SAFE Dividend Stock With 5.2% Yield (IBM) | Nasdaq.
Does IBM always pay dividends?
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend record date normally precedes the dividend payment date by approximately one month.
How are IBM dividends paid?
But, IBM’s dividends are paid from cash flow.
How many years has IBM increased dividends?
IBM has increased its dividend every year for the past 26 years. It has now paid out $1.64 for the past four quarters. That implies that the next dividend declaration should be higher if IBM is going to maintain this dividend growth history. And now we know that the company can do this.
What is IBM famous for?
IBM is, perhaps, the best known computer company in the world. It began as the Computing, Tabulating & Recording Company (C-T-R) founded by Herman Hollerith in the late 1800s.
Does China own IBM?
Chinese computer maker Lenovo has completed its $1.75 billion purchase of IBM’s personal computer division, creating the third-largest PC maker in the world, the company says.
Why is IBM successful?
However, IBM’s success was also the result of a devoted labor base and progressive corporate culture well ahead of its time. Fostered by the late chairman and CEO Thomas J. Watson, Sr., this culture emphasized a “family” atmosphere at IBM with Watson as father figure and provider for his employees.
Does GE have a future?
In a nutshell, General Electric aims to transform itself into « an aviation-focused company » by spinning off its Healthcare business and Renewable Energy & Power business in 2023 and 2024, respectively, according to its November 9, 2021 media release.
Will GE ever bounce back?
Is GE Stock A Buy Now? General Electric continues to make progress in its long, ambitious turnaround. GE earnings, sales and cash flow are expected to further improve in 2022, as the airline industry and broader economy slowly recover from the pandemic.
Is GE stock a buy hold or sell?
General Electric Company – Hold
Zacks’ proprietary data indicates that General Electric Company is currently rated as a Zacks Rank 3 and we are expecting an inline return from the GE shares relative to the market in the next few months.
How many times did IBM stock split?
IBM shares split on a 5-to-4 basis back then meaning if you owned 4 shares prior to the split, you would have owned 5 after the split. These days you don’t see such awkward split numbers as often.
…
IBM Stock Split History.
| Date | IBM Stock Split History |
|---|---|
| April 23 1968 | 2:1 |
| May 29 1974 | 5:4 |
| June 1 1979 | 4:1 |
| May 28 1997 | 2:1 |
What is IBM payout ratio?
52.49% 30.50% Cash Flow Payout Ratio (TTM) 45.31%
What interest does IBM pay?
The current dividend yield for International Business Machines (NYSE:IBM) is 5.14%.
Is IBM a dividend aristocrat?
Final Thoughts. In 2021, IBM was inducted to the prestigious Dividend Aristocrats list, but investors may not have noticed due to the company’s ongoing fundamental difficulties.
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