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BRIEF-IBM says declares quarterly cash dividend of $1.50per share, 7 pct increase

April 25 Ibm

* Ibm board approves increase in quarterly cash dividend for the 22nd consecutive year

* Sets regular quarterly cash dividend of $1.50per share

* Ibm - new dividend represents an increase of $0.10, or seven percent higher than prior quarterly dividend of $1.40 per common share Source text for Eikon: Further company coverage:

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