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Barchart
Barchart
Mohit Oberoi

IBM Has a Healthy 4% Dividend Yield, But Is the Stock a Buy?

IBM HashiCorp HP

IBM (IBM) shares plunged last week after the company missed consensus revenue estimates for Q1. In particular, the market also seems notably apprehensive about its pricey acquisition of cloud software company HashiCorp (HCP). 

That said, after the recent sell-off, IBM’s dividend yield is now just under 4%. Should dividend investors consider IBM stock for its healthy yield, especially as the company pivots aggressively to artificial intelligence (AI)? We’ll explore in this article, beginning with a look at the stock’s price action.

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