February may have been bearish for the Dow Jones Industrial Average, but it was particularly problematic for Dow components Home Depot (NYSE: HD), 3M (NYSE: MMM), and IBM (NYSE: IBM). Even before the market was able to recover from the sell-off linked to December's resurgence of the COVID-19 pandemic, or the rumors of even more hikes to the Fed Funds Rate to combat rising inflation, Russian tanks began rolling into Ukraine, rekindling January's selling effort. This is a particularly important nuance to investors who own IBM for its dividend as these customer relationships often generate monthly maintenance fees.