Dividend Flows Don’t Lie: Can we expect International Business Machines Corporation (NYSE:IBM) to bring investors news of $1.40 dividends?

Dividend Flows Don't Lie: Can we expect International Business Machines Corporation (NYSE:IBM) to bring investors news of $1.40 dividends?

International Business Machines Corporation (NYSE:IBM) is expected to pay $1.40 on Dec 10, 2016. The indicated annual dividend is $5.60. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on International Business Machines Corporation’s current price of $152.43, the dividend is 0.92%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 25, 2016. The stock increased 0.04% or $0.06 during the last trading session, hitting $152.43. About 71 shares traded hands. International Business Machines Corp. (NYSE:IBM) has risen 1.62% since April 5, 2016 and is uptrending. It has underperformed by 0.34% the S&P500.

International Business Machines Corporation is a technology company. The company has a market cap of $144.09 billion. The Firm operates through five divisions: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems Hardware and Global Financing. It has a 12.43 P/E ratio. The Company’s GTS segment offers services, including strategic outsourcing, integrated technology services, cloud and technology support services (maintenance services).

Insitutional Activity: The institutional sentiment decreased to 0.81 in Q2 2016. Its down 0.04, from 0.85 in 2016Q1. The ratio worsened, as 70 funds sold all International Business Machines Corp. shares owned while 663 reduced positions. 85 funds bought stakes while 507 increased positions. They now own 540.67 million shares or 8.01% less from 587.72 million shares in 2016Q1.
Keating Investment Counselors Inc reported 3,374 shares or 0.25% of all its holdings. Veritable L P accumulated 0.26% or 66,896 shares. Fjarde Ap holds 0.75% or 213,301 shares in its portfolio. Lakeview Capital Partners Ltd Liability accumulated 0.44% or 4,840 shares. Raymond James Financial Svcs Advisors, a Florida-based fund reported 146,482 shares. Fmr Ltd Company has invested 0.18% of its portfolio in International Business Machines Corp. (NYSE:IBM). Teachers Insur Annuity Association Of America has 0.4% invested in the company for 60,200 shares. Grassi Invest Mgmt holds 1.34% of its portfolio in International Business Machines Corp. (NYSE:IBM) for 46,793 shares. Foster Dykema Cabot & Inc Ma owns 9,338 shares or 0.33% of their US portfolio. First City Capital Mgmt has 5,115 shares for 0.59% of their US portfolio. Hikari Power Limited has 8.35% invested in the company for 477,400 shares. Patten Grp owns 2,002 shares or 0% of their US portfolio. Bell Commercial Bank Tru accumulated 1.87% or 21,459 shares. Fiera Cap Corp has 0.02% invested in the company for 19,322 shares. Westwood Holding Group owns 5,058 shares or 0.01% of their US portfolio.

Insider Transactions: Since August 2, 2016, the stock had 1 insider purchase, and 11 sales for $6.61 million net activity. PICCIANO ROBERT J sold $305,897 worth of stock. 330 shares were sold by van Kralingen Bridget A, worth $50,177 on Thursday, October 20. 1,000 shares were sold by Rhodin Michael D., worth $152,310 on Thursday, November 3. KELLY JOHN E III sold 2,809 shares worth $427,761. JETTER MARTIN sold 3,788 shares worth $607,865. On Thursday, August 25 the insider Clementi Erich sold $474,458. FARR DAVID N bought $194,904 worth of International Business Machines Corp. (NYSE:IBM) on Tuesday, October 25.

International Business Machines Corp. (NYSE:IBM) Ratings Coverage

Out of 21 analysts covering International Business Machines (NYSE:IBM), 6 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 29% are positive. International Business Machines has been the topic of 60 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Tuesday, July 19 by UBS. The firm has “Perform” rating given on Tuesday, August 16 by Oppenheimer. As per Friday, November 20, the company rating was initiated by JMP Securities. The stock of International Business Machines Corp. (NYSE:IBM) earned “Hold” rating by Deutsche Bank on Tuesday, July 19. The stock has “Buy” rating given by Drexel Hamilton on Tuesday, July 19. The stock has “Neutral” rating given by JP Morgan on Tuesday, April 19. On Tuesday, July 19 the stock rating was maintained by JMP Securities with “Market Outperform”. The firm earned “Neutral” rating on Tuesday, October 18 by Goldman Sachs. As per Thursday, August 27, the company rating was upgraded by S&P Research. The stock has “Neutral” rating given by Citigroup on Tuesday, July 19.

More notable recent International Business Machines Corp. (NYSE:IBM) news were published by: Fool.com which released: “International Business Machines Corp: 3 Things You Need to Know” on October 27, 2016, also Forbes.com with their article: “Ex-Dividend Reminder: Yadkin Financial, International Business Machines and …” published on November 04, 2016, Fool.com published: “International Business Machines Corp. Earnings: The Strategic Makeover Is 40 …” on October 18, 2016. More interesting news about International Business Machines Corp. (NYSE:IBM) were released by: Nasdaq.com and their article: “Earnings Reaction History: International Business Machines Corp., 60.0% Follow …” published on October 17, 2016 as well as Seekingalpha.com‘s news article titled: “International Business Machines Corporation: We Were About To Leave; Then …” with publication date: October 11, 2016.

IBM Company Profile

International Business Machines Corporation (IBM), incorporated on June 16, 1911, is a technology company. The Firm operates through five divisions: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems Hardware and Global Financing.

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