Will IBM Ever Be a Great Dividend Stock Again? 1 Analyst Thinks So

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Pity IBM (NYSE: IBM) stockholders. After reporting earnings Tuesday evening, shares of International Business Machines promptly slid 4.2% in Wednesday trading. Over the past year, the S&P 500 is up nearly 14% -- but as of today, IBM stock is down more than 4%. Even with IBM paying a massive dividend yield of 4.1%, investors who've held this stock for a year are sitting on a loss.

But perhaps not for long. Here are three things you need to know about that.

Source: Fool.com