After Its Earnings Scare, Is IBM's Dividend Still Safe?
The company recently announced some weaker-than-expected earnings and hinted at more potential trouble ahead.
Overview
Last week was a rough one for International Business Machines (NYSE: IBM) as the company's preannounced results rattled the stock, and that's putting it lightly. Shares cratered, and fears mounted about the business's future, as IBM noted a shift in demand away from its products and services. Not only did the company fall short of expectations in the most recent quarter, but it also raised alarm bells about its future growth.
For dividend investors, it may also raise concerns about its payout. Is IBM's dividend, which now yields 3.2%, still safe?
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Originally published at www.fool.com.
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