Topic: How To Invest

Dividend Advisor Hotline – Friday, June 20, 2025

Article Excerpt

INTERNATIONAL BUSINESS MACHINES CORP., $280.97, New York symbol IBM, is a buy. The company is one of the world’s largest computer firms, with operations in over 175 countries. With the June 10, 2025, payment, IBM raised your quarterly dividend by 0.6%, to $1.68 a share from $1.67. The new annual rate of $6.72 yields a solid 2.4%. The company has paid regular dividends since 1916 and has increased the annual rate each year for the past 30 years. The stock hit a new all-time high of $286.91 this week. That’s mainly in response to its plan to build an advanced quantum computer at its datacentre in Poughkeepsie, New York. Quantum technology uses electrons rather than transistors. As a result, quantum chips can carry out a vast number of calculations simultaneously. That makes them much faster than the chips now powering regular computers. Called IBM Quantum Starling, this new computer can perform 20,000 times more operations than today’s quantum computers. It should begin operating in 2029. The…