International Business Machines Corporation (NYSE:IBM) Stock Goes Ex-Dividend In Just Three Days
It looks like International Business Machines Corporation (NYSE:IBM) is about to go ex-dividend in the next 3 days. The ex-dividend date is one business day before a company’s record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Thus, you can purchase International Business Machines’ shares before the 9th of August in order to receive the dividend, which the company will pay on the 10th of September.
The company’s upcoming dividend is US$1.67 a share, following on from the last 12 months, when the company distributed a total of US$6.68…