International Business Machines Corp.(NYSE:IBM) Declares Dividend of $1.4000.

International Business Machines Corp. (NYSE:IBM) had declared a cash dividend of $1.4000 on Jul 26, 2016. The shares will quote ex-dividend on Aug 8, 2016 and the record date has been fixed for Aug 10, 2016. On Jul 26, 2016 share price, the yield comes out to be 3.4430%. The dividend payable date has been fixed on Sep 10, 2016.

In a different note, On Jul 25, 2016, Standpoint Research said it Downgrades its rating on International Business Machines Corp.. The shares have been rated ‘Hold’ by the firm. On Jul 19, 2016, Goldman Sachs said it Maintains its rating on International Business Machines Corp.. The shares have been rated ‘Neutral’ by the firm. On Jul 19, 2016, Credit Suisse said it Maintains its rating on International Business Machines Corp.. The shares have been rated ‘Underperform’ by the firm. On Jul 19, 2016, Citigroup said it Maintains its rating on International Business Machines Corp.. In the research note, the firm Raises the price-target to $140.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 19, 2016, Barclays said it Maintains its rating on International Business Machines Corp.. The shares have been rated ‘Underweight’ by the firm. On Jul 19, 2016, Drexel Hamilton said it Maintains its rating on International Business Machines Corp.. In the research note, the firm Raises the price-target to $166.00 per share. The shares have been rated ‘Buy’ by the firm.

International Business Machines Corp. (IBM) shares turned negative on Fridays trading session with the shares closing down -0.75 points or -0.46% at a volume of 35,47,546. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $161.67. The peak price level was also seen at $161.67 while the days lowest was $160.03. Finally the shares closed at $160.62. The 52-week high of the shares is $163.6 while the 52-week low is $116.901. According to the latest information available, the market cap of the company is $153,528 M.

International Business Machines Corp.(IBM) last announced its earnings results on Jul 18, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $20.24B. Analysts had an estimated revenue of $20.03B. Earnings per share were $2.95. Analysts had estimated an EPS of $2.88.

Several Insider Transactions has been reported to the SEC. On May 9, 2016, Diane J Gherson (Senior Vice President) sold 2,986 shares at $147.00 per share price.Also, On May 6, 2016, Robert J Picciano (Senior Vice President) sold 3,090 shares at $146.49 per share price.On Apr 21, 2016, Leo Allen Bruno V Di (Senior Vice President) sold 3,900 shares at $146.83 per share price, according to the Form-4 filing with the securities and exchange commission.

International Business Machines Corporation is a technology company. The Company operates in five business segments: Global Technology Services (GTS) which includes Strategic Outsourcing Integrated Technology Services Cloud and Technology Support Services and also provides information technology (IT) infrastructure and business process services; Global Business Services (GBS) which offers its services across Consulting and Systems Integration Global Process Services and Application Management Services; Software which consists of middleware and operating systems software; Systems and Technology (STG) which provides infrastructure technologies and Global Financing which provides financing solutions for products or services that are critical to the end users’ business operations. Its IBM Watson Health Cloud platform collects clinical research and social data from a range of health sources and creates a cloud-based data sharing hub.

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