04-25-2017, 03:08 PM
(04-25-2017, 02:21 PM)Rasec Wrote:(04-25-2017, 01:55 PM)divmenow Wrote: I bought some IBM today. How can you not with a dividend of $1.50 now and a yield of 3.5. Tech could be the leader of this market and IBM hopefully will take part in that.In 10 or so years when everyone is on the cloud, even if IBM is only 3rd or 4th player in the industry, the market opportunity will be huge.
Long IBM, bought more recently as well.
I've owned IBM for maybe five years and I'm happy to hold. The declining revenue is very frustrating, but the payout ratio is low enough that we can absorb the dividends until they figure this out.