IBM Board Approves Regular Quarterly Dividend

ARMONK, N.Y.—(BUSINESS WIRE)—July 26, 2005— The IBM board of directors today declared a regular quarterly cash dividend of $0.20 per common share, payable September 10, 2005 to stockholders of record August 10, 2005. With the payment of the September 10 dividend, IBM will have paid 359 consecutive quarterly dividends, starting in 1916.

The board also approved a plan to repatriate foreign earnings in accordance with the temporary repatriation incentive of the American Jobs Creation Act of 2004. The company said it intends to repatriate approximately $9 billion under the plan and will record a tax charge and related tax liability of approximately $450 million in the third quarter of 2005 in connection with this repatriation.

John Bukovinsky, 914-499-6212

Email Contact

Review Article Be the first to review this article
SolidCAM: Program your CNCs directly inside your existing CAD system.

Featured Video
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Apple Adding To Computer Product Line Minus Ports
Currently No Featured Jobs
Upcoming Events
3D Collaboration & Interoperability Congress at 1310 Washington Ave. Golden CO - Oct 25 - 26, 2016
Electric&Hybrid Aerospace Technology Symposium 2016 at Conference Centre East. Koelnmesse (East Entrance) Messeplatz 1 Cologne Germany - Nov 9 - 10, 2016
Autodesk University Las Vegas at Las Vegas NV - Nov 15 - 17, 2016
Colortrac: LearnMore
TurboCAD pro : Free Trial

Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise