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International Business Machines Corporation (IBM)
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IBM Dividends

International Business Machines Corporation (IBM) pays $6.73 in dividends per share, with a current dividend yield of 2.45%. The company has dividend history for 30 consecutive years.

IBM Dividend Summary

Consecutive Years

30

Most Recent Ex-Date

May 8, 2026

Next Payment Date

Jun 10, 2026

IBM Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

IBM Dividends CAGR Chart

International Business Machines Corporation (IBM)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$3.37
2025$6.71+0.60%
2024$6.67+0.60%
2023$6.63+0.61%
2022$6.59+4.04%
2021$6.33+1.77%
2020$6.22+1.24%
2019$6.15+3.54%
2018$5.94+5.25%
2017$5.64+7.27%
2016$5.26+10.00%
2015$4.78+17.65%
2014$4.06+14.87%
2013$3.54+12.12%
2012$3.15+13.79%
2011$2.77+16.00%
2010$2.39+16.28%
2009$2.06+13.16%
2008$1.82+26.67%
2007$1.43+36.36%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.69+0.60%
Q1 2026$1.68+0.60%
Q4 2025$1.68+0.60%
Q3 2025$1.68+0.60%
Q2 2025$1.68+0.60%
Q1 2025$1.67+0.60%
Q4 2024$1.67+0.60%
Q3 2024$1.67+0.60%
Q2 2024$1.67+0.60%
Q1 2024$1.66+0.61%
Q4 2023$1.66+0.61%
Q3 2023$1.66+0.61%
Q2 2023$1.66+0.61%
Q1 2023$1.65+0.61%
Q4 2022$1.65+0.61%
Q3 2022$1.65+5.24%
Q2 2022$1.65+5.24%
Q1 2022$1.64+5.24%
Q4 2021$1.64+5.24%
Q3 2021$1.57+0.61%
Q2 2021$1.57+0.61%
Q1 2021$1.56+0.62%
Q4 2020$1.56+0.62%
Q3 2020$1.56+0.62%

Dividend Yield Metrics

Current Yield
2.45%
Average Yield (TTM)
2.45%
Average Yield (3Y)
2.43%
Forward Yield on Cost (3Y)
2.60%
Forward Yield on Cost (5Y)
2.70%
Forward Yield on Cost (10Y)
2.97%

Payout Ratio Analysis

Payout Ratio (Current)
59.24%
FCF Payout Ratio
47.94%
Payout Ratio (3Y Avg)
80.59%
Payout Ratio (5Y Avg)
140.53%
FCF Payout (3Y Avg)
52.35%
FCF Payout (5Y Avg)
56.79%

Dividend Coverage

Payout Ratio
59.2%
Dividends / net income
FCF Payout Ratio
47.9%
Dividends / free cash flow
Consecutive Years
30 years
Years with regular dividend payments
5Y Dividend Growth
1.5%
Compound annual dividend growth

About International Business Machines Corporation

International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary segments: Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud platforms and a range of software offerings, including Red Hat's enterprise open-source solutions. It also develops software for business automation, AIOps and management, integration, and application servers, in addition to data and artificial intelligence tools. This segment further supplies security software and services for threat, data, and identity management, and offers critical transaction processing software that supports essential on-premise workloads for industries such as banking, airlines, and retail. The Consulting arm delivers business transformation services, which encompass strategy development, business process design and operational improvements, data and analytics insights, and system integration. It additionally provides technology consulting and specialized application and cloud platform services. IBM's Infrastructure segment offers both on-premises and cloud-based server and storage solutions, specifically tailored for clients' crucial and regulated operations. It also extends support and solutions for hybrid cloud infrastructure, alongside remanufacturing and remarketing services for used equipment. The Financing segment provides various financial services, such as leasing, installment payment plans, loan financing, and short-term working capital solutions. Originally established in 1911 as the Computing-Tabulating-Recording Co., the company is now known as International Business Machines Corporation and maintains its headquarters in Armonk, New York.

Armonk, NY
270,300 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Arvind Krishna