Big Blue Paid me Today

Big Blue paid me today for being a share holder. 

TICKER: IBM

DIVIDEND PER SHARE: $1.62

FREQUENCY: QUARTERLY 

IBM has been around for a very long time. 96 years to be exact as it started in 1924.

IBM has reinvented itself several times over. Today IBM's mode of operation is based around artificial intelligence and cloud computing. 

They have a new artificial intelligence system call Watson which is very groundbreaking. Watson has actually been featured on Jeopardy and has actually beat some of the best players on Jeopardy.

They are also making Waves in the cloud computing industry. Recently they announced a partnership with Bank of America to create a financial cloud.

Another thing you should know about IBM is that IBM holds the record for the most amount of patents held by a company in the USA for 26 years in a row as of 2019. IBM has patented things as simple as the floppy disk and as great as the ATM or the automated teller machine. 

I own IBM because I believe that IBM is one of the great tech companies and will continue to do well and will continue to innovate.

So many companies today even large tech companies use IBM's patented Technologies on a day-to-day basis and I only see IBM getting bigger and bigger in the future as long as they keep the focus on cloud computing and artificial intelligence.

Artificial intelligence is huge now.  It is a way that a machine can parse large volumes of information a lot faster and more efficiently than a human being for example if you're looking for a particular record as a human you could probably look through 500 records in a day.  An artificial intelligence computer can actually look through a hundred thousand records within a matter of minutes analyze the data and bring back correct recommendations. 

IBM's Watson A.I is being used by financial institutions, insurance companies as well as medical institutions right now.

The company has a nice dividend yeild of 5.46% or $1.62 per share and they also have a huge track record of increasing the dividends yearly for the last 19 years.

Most of you guys know I'm big on tech stocks but most tech stocks do not pay a dividend.

IBM along with Microsoft and a few others are some of the unicorns in this aspect.

I fully intend to hold onto IBM stock and double My holdings in 2020.

Simply because I see the potential of the company. 

Please let me know what you think of IBM in the comment section below thank you