International Business Machines (IBM)
Open: 131.31 High: 132.78 Low: 130.52
NYSE: IBM $120 Billion Large-Cap. Dow Industrial. S&P 500. Technology Sector. Technology Services Industry. 5 Year Return 13%. 1 Year Return 11%. 2021 YTD Return 7%. 4.9% dividend yield. 141 total dividend payments. Dividend Aristocrats. 25+ consecutive years of increasing dividends. Since Earnings 1%.
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International Business Machines trades on the NYSE. IBM's market cap is 120.3 Billion.
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells infrastructure services (37% of revenue), software (29% of revenue), IT services (23% of revenue) and hardware (8% of revenues). IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients--which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
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