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IBM Raises Dividend 25%

Firm paying out $2.5B, expecting $12B in stock buybacks

By Nick McMaster,  Newser Staff

Posted Apr 29, 2008 2:20 PM CDT

(Newser) – IBM raised its quarterly dividend for the thirteenth consecutive year today after posting strong Q1 earnings two weeks ago, the Wall Street Journal reports. The firm expects to pay $2.5 billion to shareholders this year after raising its dividend 25%, from 40 to 50...   Read full story »

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