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Construction needs cloud flexibility
Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
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IBM bolsters dividend, boosts buybacks
Stephen Withers
Wednesday, 28 April 2010 12:49
IBM has increased its quarterly dividend to $US0.65 per share.
The company has paid quarterly dividends since 1916, and 2010 is the 15th consecutive year of increased dividends.
In related news, the IBM board authorised an additional $US8 billion to be used for stock repurchases. A further authorisation is expected in October.
"'Our superior cash flow enables us to invest in the business and generate substantial returns to investors. Since 2003, more than $80 billion was returned through dividends and share repurchase," said president and CEO Sam Palmisano.
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