IBM stock shares hit all time high - KWWL - Eastern Iowa Breaking News, Weather, Closings

IBM stock shares hit all time high

NEW YORK (AP)-- IBM stock shares have hit an all-time high.  The stocks rode a slight market upswing Monday, climbing as high as $139.88.  That tops a previous high of $139.19 reached on July 13, 1999.

The rise comes after IBM shares spent much of this year going sideways as concerns about European government debt and a sluggish economic recovery in the U.S. weighed on markets. 

That aside, IBM's rising share price reflects steadily climbing profits. And the company is well-known for shareholder friendly policies.  It has established a regular habit of raising its dividend payout, which has tripled on a per-share basis since 2006.  And the company has committed more than $100 billion to buying back stock since 1995, a move that boosts the value of remaining shares.

  • NEWSNEWSMore>>

  • Father-son killed in plane crash lived in Iowa City

    Father-son killed in plane crash lived in Iowa City

    Monday, September 24 2018 10:00 PM EDT2018-09-25 02:00:51 GMT

    A celebration of life will be held in Iowa City, on Tuesday, for the father and son that were killed in plane crash in eastern Missouri. 

    More >>

    A celebration of life will be held in Iowa City, on Tuesday, for the father and son that were killed in plane crash in eastern Missouri. 

    More >>
  • radar alert

    TRACKING: Storm Chances through Tuesday

    TRACKING: Storm Chances through Tuesday

    Monday, September 24 2018 9:20 PM EDT2018-09-25 01:20:53 GMT

    Storm chances return tonight with strong storms possible Tuesday afternoon.

    More >>

    Storm chances return tonight with strong storms possible Tuesday afternoon.

    More >>
  • Cedar Rapids sees major flood level for second time in September

    Cedar Rapids sees major flood level for second time in September

    Monday, September 24 2018 8:05 PM EDT2018-09-25 00:05:21 GMT

    The city has prepared to protect areas along the river up to 18 feet by plugging manholes, adding additional sewer pumps and putting up Hesko Barriers on the west side of the river.

    More >>

    The city has prepared to protect areas along the river up to 18 feet by plugging manholes, adding additional sewer pumps and putting up Hesko Barriers on the west side of the river.

    More >>
Powered by Frankly