Preserving the dividend at all costs equates, in part, to more RAs in the future.
Published: Feb. 6, 2023 at 3:05 p.m. ET
https://www.marketwatch.com/story/ibms-substantial-dividend-debt-take-wind-out-of-big-blues-sails-as-analyst-downgrades-stock-11675713948
The key takeaway is a propped up dividend won't work well to keep it a blue chip dividend/income stock - which I hazard is a significant portion of it's stock price scaffolding.
Holy cow I just found this internet site. I thought IBM went out of business back at the turn of the century. Do they still make DOS?
Of course there'll be RAs in the future. IBM without RAs would be like a colon blow on an empty stomach.
dead people, dead company, dead results
no surprise there... Revenue is pretty much flat... costs have to go down... that only mean get rid of more people.