@2non+1c6Seone, the interesting part is that even institutional investors can't be happy! The only reason that the dividend rate is so high is because IBM's Market Value has fallen so far taking its share price with it. Who cares about "Dividend Aristocrats" when the share price is a disaster?
If IBM's market value since 1999 had just kept pace with inflation (is that too much to ask after spending $176 billion on share buybacks?), the stock price at the end of 2020 would have been $335 dollars a share instead of $126 dollars a share.
The chart with the data on share price is below: (IBMers use common sense accessing my site! Be safe out there . . . do not put a target on your back.)
It is good to almost have my new website above completely up and running.
Not much longer. A few weeks.