The Ring of Fire includes more than 450 volcanoes. It stretches for nearly 25,000 miles, running in the shape of a horseshoe (as opposed to an actual ring) from the southern tip of South America, along the west coast of North America, across the Bering Strait, down through Japan, and into New Zealand.
Well, when IBM raised its dividend to $1.10 from $0.95 a year ago, that was a dividend hike of almost 16%. When the dividend went to $0.95 from $0.85 in 2013, that was a hike of almost 12%. And in 2012, the dividend hike to $0.85 from $0.75 was a payout raise of 13%.
IBMâs net income fell 21 percent to $2.4 billion, compared with $3 billion a year earlier. Operating earnings per share fell 15 percent, to $2.54 a share, from $3 a share last year.On that basis, the companyâs profit performance matched the analystsâ forecast of $2.54 a share.evenue for the quarter was $22.5 billion, compared with $23.4 billion in the year-earlier quarter. Sales came in below Wall Street analystsâ average estimate of $22.9 billion, as compiled by Thomson Reuters.