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IBM Named Top Socially Responsible Dividend Stock by Dividend Channel

March 3, 2020 By 3BLmedia

International Business Machines has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 4.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company’s impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol.

According to the ETF Finder at ETF Channel, International Business Machines Corp is a member of both the iShares MSCI USA ESG Select ETF (SUSA), making up 1.01% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF (DSI), where IBM makes up 0.92% of the underlying holdings of the fund.

IBM is a Socially Responsible Investment
Feb 17, 2020 5:10 PM ET
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Because of the environmental impact of products and services and the efficiency of energy and resources @IBM named Top Socially Responsible Dividend Stock by Dividend Channel #GoodTechIBM http://bit.ly/322APCq
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International Business Machines A Top Socially Responsible Dividend Stock With 4.2% Yield
Awards and Recognition
NYSE:IBM
IBM
Dividend Channel
Top Socially Responsible Dividend Stock
International Business Machines
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This post was originally published on Justmeans.com


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Filed Under: -Sustainable-Responsible Investing

About 3BLmedia

Founded in 2009, 3BLmedia is a leading news distribution and content marketing company focused on niche topics including sustainability, health, energy, education, philanthropy, community and other social and environmental topics.
Learn more about 3BLmedia and their articles.

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