IBM shares declined -0.87% to close at $296.34 ahead of the company's February 10 ex-dividend date. Analysts maintain a "Buy" rating with a $319.71 price target, citing robust enterprise AI demand and software growth.
- Investors holding positions before the deadline qualify for a $1.68 quarterly dividend, offering an annualized yield of 2.27%.
- The company was recently selected for the U.S. Department of Defense’s SHIELD program to deploy AI-enabled defense capabilities.