International Business Machines (IBM) has been a publicly traded company since being incorporated as the Computing Tabulating Recording Company in 1911. Since then, the company has experienced phenomenal growth. IBM's stock has regularly split and paid healthy dividends since 1913.
IBM can trace its history back to the merger of the International Time Recording Company, Computing Scale Company and Tabulating Machine Company in 1911. The company was renamed the Computing Tabulating Recording Company, and had 700 stockholders in 1914.
IBM trades on the New York Stock Exchange under the ticker symbol IBM.
Splits and Adjustments
IBM has had 41 stock splits and adjustments since 1925. It most recently split 2-for-1 in May 1999.
IBM has paid out dividends since the stock began trading. As of May 2009, the company pays a $2.20 per share dividend on its stock.
As of May 2009, the stock has been between $69.50 and $130.93 in the last 52 weeks.
Mike Beyman is a vice president at WVBR-FM. He also is the co-executive producer of "The Sunday Forum with Tommy Bruce" hosted by Cornell University's vice president of communications. Beyman is a Bachelor of Arts candidate from Cornell University.