Replies to post #6898 on The Rising Influence of Rising Affluence

[DewDiligence]

IBM boosts dividend and share-buyback authorization:

http://finance.yahoo.com/news/ibm-board-approves-12-percent-143100871.html

The new annual dividend payout is $3.80 (up from $3.40), which represents a yield of about 1.9% at the current share price.

The new share-buyback authorization is $5B, which comes to $11.2B when added to the $6.2B unused portion of the pre-existing authorization. Unlike many firms who authorize share buybacks and then don’t follow up by actually buying, IBM always completes its buyback authorizations.

Note: This news was issued yesterday.