In fact, they far exceed the S&P 500's 1.3% yieldThere's a common belief that technology companies typically don't pay substantial dividends, and if they do, the yields are often low or just for the sake of it.
IBM has a rich history, with its origins dating back to 1911 when it was founded as the Computing Tabulated Recording Corporation, the result of a merger involving four companies. It officially adopted the name IBM in 1924. One notable aspect of IBM is its dividend, which boasts an impressive annual yield of +4.60%.and the earnings per share exceeded forecasts by a substantial +8.9%.
An interesting development for HP is the recent announcement of the appointment of David Meline as a new member of its board of directors. David Meline, the former Chief Financial Officer of Moderna , is set to officially join the board on November 1, 2023.
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