IBM reported $2.43 Q2 EPS, exceeding estimates by 0.27, and announced a $1.67 quarterly dividend.
International Business Machines Corp. (IBM) reported $2.43 earnings per share (EPS) in Q2 2021, surpassing analysts' estimates by 0.27. The company announced a quarterly dividend of $1.67 per share, with an annualized dividend of $6.68 and a dividend payout ratio of 75.65%. The consensus rating for the stock is "Hold," and the average target price is $184.93. IBM operates through Software, Consulting, Infrastructure, and Financing segments, offering hybrid cloud and AI platforms.
August 28, 2024
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