IBM Trades Ex-Dividend Amid AI FlashSystem Launch and Defense Wins

IBM shares traded down -1.08% to $293.13 following its ex-dividend date, even as the company secured a major defense contract and expanded its AI infrastructure.

• IBM was selected for the U.S. Missile Defense Agency’s SHIELD program, a significant contract focused on AI-enabled defense capabilities.
• The company launched its new FlashSystem portfolio, which integrates advanced AI to enhance data management and storage efficiency.
• The stock price adjustment accounts for a $1.68 quarterly dividend payout amid a broader strategic shift toward high-margin technology.