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IBM Board Approves Quarterly Cash Dividend; Authorizes $3 Billion for Stock Repurchase

ARMONK, N.Y.--(BUSINESS WIRE)--

The IBM (IBM) board of directors today declared a regular quarterly cash dividend of $1.40 per common share, payable December 10, 2016 to stockholders of record November 10, 2016.

With the payment of the December 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.

The board today also...


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