International Business Machines Corporation (NYSE: IBM), together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients’ mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients’ mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company has collaboration agreement with Siemens Digital Industri Software to develop a combined software solution. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

Company Overview

• Market Cap: 130.684 Billion
• PE Ratio: 60.78
• EPS: 2.36
• Dividend Yield: 4.64%
• Analyst Rating: Average 2.6 Buy

While many investors see IBM as a company that past its prime, the firm’s situation is now better than most people appreciate. IBM got rid of its slowest-moving business with the recent spin-off, Kyndryl Holdings Inc. IBM’s revenues bottomed out in fiscal year 2020, and the company has now returned to top-line growth. With its investments in cloud computing and artificial intelligence starting to pay off, it seems that IBM has turned the corner. Shares also yield a generous 4.64%. Therefore, this stock is for long -term investors that want to own a high-tech company that pay high dividends.