The IBM (IBM) (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.66 per common share, payable June 10, 2023 to stockholders of record as of May 10, 2023.

This is the 28th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive quarterly dividends since 1916.

IBM BOARD APPROVES INCREASE IN QUARTERLY CASH DIVIDEND FOR THE 28th CONSECUTIVE YEAR – Seeking Alpha