Trailing Dividend / Share
$6.59
International Business Machines Corporation (IBM) Dividend History
Income profile from 1970 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.6%
Payout Ratio
59.0%
Sustainable
Dividend Streak
30 years
IBM Dividend Income Check
Safety
59.0% payout ratio with sustainable safety profile.
Consistency
30 straight years of dividend increases.
Income Trend
Yield on cost is 5.7% and trend is rising.
IBM Dividend Scorecard
Yield & Income
Dividend Yield2.6%
Trailing DPS$6.59
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout59.0%
Earnings SafetySustainable
FCF Payout47.3%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak30 years
3Y CAGR0.6%
5Y CAGR1.5%
Yield on Cost (5Y)5.7%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.6%
1Y Total Return-9.7%
5Y Total Return106.5%
Div Contribution (5Y)24.3%
Estimated $10K growth (return + dividends):
5Y ago$20,64910Y ago$21,26720Y ago$45,989
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
IBM Income Growth Story
Dividend per share and yield on cost over time (57 years of payments)
IBM Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
International Business Machines Corporation distributes 59.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 47.3%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
IBM has raised its dividend for 30 consecutive years, with a 3-year CAGR of 0.6% and 5-year CAGR of 1.5%.
Total Shareholder Returns
Beyond cash dividends, IBM returns capital through share repurchases. The combined picture: 2.6% dividend yield, 2.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.7% and is currently rising. The 5-year total return is 106.5%, with dividends contributing 24.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $21,267 today.
IBM Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$33.18
Avg/Payment$1.6589
Latest Change+0.6%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 8, 2026Latest | $1.6900 | ↑ +0.6% | 2.93% | Jun 10, 2026 |
| Feb 10, 2026 | $1.6800 | — | 2.30% | Mar 10, 2026 |
| Nov 10, 2025 | $1.6800 | — | 2.17% | Dec 10, 2025 |
| Aug 8, 2025 | $1.6800 | — | 2.77% | Sep 10, 2025 |
| May 9, 2025 | $1.6800 | ↑ +0.6% | 2.68% | Jun 10, 2025 |
| Feb 10, 2025 | $1.6700 | — | 2.68% | Mar 10, 2025 |
| Nov 12, 2024 | $1.6700 | — | 3.16% | Dec 10, 2024 |
| Aug 9, 2024 | $1.6700 | — | 3.48% | Sep 10, 2024 |
IBM Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
2.6%
#5 of 8
Safety
Sustainable
59.0% payout
Streak
30Y
1.5% 5Y CAGR
Total Shareholder
2.6%
#5 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| IBMInternational Busine… | $233.7B | 2.6% | 59.0% | 30 | Sustainable |
2nd  ACNAccenture plc | $80.3B | 4.5% | 48.2% | 6 | Sustainable |
 HPEHewlett Packard Ente… | $62.8B | 1.3% | 14.0% | 3 | Sustainable |
3rd  CTSHCognizant Technology… | $20.7B | 2.9% | 27.4% | 6 | Sustainable |
1st  INFYInfosys Limited | $42.9B | 5.5% | 76.5% | 7 | Watch |
 WITWipro Limited | $25.0B | 2.7% | 47.2% | 1 | Sustainable |
 MSFTMicrosoft Corporatio… | $2.8T | 0.9% | 23.6% | 21 | Sustainable |
 ORCLOracle Corporation | $530.1B | 1.1% | 33.9% | 17 | Sustainable |
IBM Annual Dividend History (1970–2026)
57 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.37 | — | 2 | — | — | — | 2.8% |
| 2025 | $6.71 | 0.6% | 4 | $11.17 | 60.1% | 1.66x | 5.7% |
| 2024 | $6.67 | 0.6% | 4 | $6.43 | 103.7% | 0.96x | 5.6% |
| 2023 | $6.63 | 0.6% | 4 | $8.14 | 81.4% | 1.23x | 5.6% |
| 2022 | $6.59 | 4.0% | 4 | $1.80 | 366.1% | 0.27x | 5.6% |
| 2021 | $6.33 | 1.8% | 4 | $6.35 | 99.7% | 1.00x | 5.4% |
| 2020 | $6.22 | 1.2% | 4 | $6.23 | 99.9% | 1.00x | 5.3% |
| 2019 | $6.15 | 3.5% | 4 | $10.56 | 58.2% | 1.72x | 5.2% |
| 2018 | $5.94 | 5.3% | 4 | $9.53 | 62.3% | 1.61x | 5.0% |
| 2017 | $5.64 | 7.3% | 4 | $6.14 | 91.9% | 1.09x | 4.8% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into IBM consensus models and risk factors.
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Should I Buy IBM?
Wall Street verdict, signals, and target summaries.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
56+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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IBM — Frequently Asked Questions
Quick answers to the most common questions about buying IBM stock.
How much dividend does IBM pay per share?
International Business Machines Corporation (IBM) pays a trailing 12-month dividend of $6.59 per share, with a current dividend yield of +2.6%. Payments are made Semi-Annual.
When is IBM's next ex-dividend date?
IBM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. IBM typically pays dividends Semi-Annual.
Is IBM's dividend safe?
IBM's dividend safety is rated "Sustainable" based on an earnings payout ratio of +59.0% and FCF payout ratio of +47.3%. With 30 consecutive years of dividend growth, the track record supports sustainability.
Is IBM a Dividend Aristocrat?
Yes, International Business Machines Corporation is classified as a Dividend Aristocrat with 30 consecutive years of dividend increases. The 5-year dividend CAGR is +1.5%, demonstrating modest dividend growth.
How often does IBM pay dividends?
International Business Machines Corporation pays dividends Semi-Annual. The trailing 12-month total is $6.59 per share. Dividend data on this page covers 56+ years from 1970 to 2026.
How much would $10,000 invested in IBM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in IBM five years ago would be worth approximately $20,649 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is IBM's yield on cost for long-term holders?
IBM's yield on cost — the current dividend divided by the original purchase price — is +5.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.6% market yield, thanks to consistent dividend growth.