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Top 5 Dividend Stocks To Buy in 2021 Dividend Yield: 4.59% As a consistent leader in the tech industry, IBM has shown consistent payout ratios and an increase in dividend yields. The tech industry is a sector you’ll want to invest in as it’s only going to continue to change and grow. IBM has proven to be a safe bet. International Business Machines Corp (NYSE: IBM) started as the computing, tabulating, and recording firm in the late 1800s. Its first major contract was to supply equipment for the tabulation and assessment of the U.S. census in 1890. The company grew over the years and beco...

IBM surprises investors with return to growth in first quarter SHARE After four consecutive quarters of revenue declines, IBM Corp. surprised investors today with 1% growth in quarterly revenue, sending its stock up more than 3% in after-hours trading and raising hopes that other technology giants could report similar surprises in the coming weeks. Revenue rose to $17.73 billion from the same quarter a year ago and well ahead of analysts’ average estimate of $17.32 billion. Earnings per share of $1.77 also beat analysts’ estimate of $1.69. The surprise was to so...

IBM Reports First Quarter Results, Beats Wall Street Expectations IBM has beat Wall Street expectations, returning to revenue growth after four quarters of declines. IBM has been in the process of reinventing itself as a hybrid cloud provider. The company plans to spin off its legacy operations, focusing primarily on its hybrid cloud business, and has been snapping up startups to help drives its transformation. The company’s strategy appears to be paying off as it reported revenue of $17.7 billion, up 1%. The company’s Cloud & Cognitive Software was up 4%. Cloud revenue accounted for $...

13h | Antony Savvas IBM has reported total cloud revenues of $6.5 billion for the first quarter ended 31 March, which is a 21% jump on the same quarter last year. The company's total group sales for the quarter were $17.7 billion, which was a very modest 1% increase on last year as IBM continued to focus on its newer cloud, AI and software markets - including its acquired Red Hat business. Big Blue is still preparing to spin off its managed infrastructure services business. Earlier this month, the firm announced that Kyndryl will be the name of the new independent company created, ex...

IBM Reports 2021 First-Quarter Results Highlights Revenue of $17.7 billion, up 1 percent (down 2 percent adjusting for currency) -- Cloud Cognitive Software up 4 percent (up 1 percent adjusting for currency) -- Systems up 4 percent (up 2 percent adjusting for currency) -- Global Business Services up 2 percent (down 1 percent adjusting for currency) Total cloud revenue of $6.5 billion, up 21 percent (up 18 percent adjusting for divested businesses and currency) -- Cloud revenue of $26.3 billion over last 12 months, up 19 percent (up 18 percent adjusting for divested businesses and currency) Re...