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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): International Business Machines Corporation (IBM) pays a $6.73 annual dividend ($1.69 quarterly), yielding 2.93% at $234.12/share. Next ex-dividend date 2026-08-10. 31 consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.93%
Annual Dividend: $6.73 per share
Payout Ratio: 59.8%
Ex-Dividend Date: 2026-08-10
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 65
International Business Machines Corporation dividend has been paid without interruption for decades, backed by a business spanning hybrid cloud software, AI consulting, and enterprise infrastructure. IBM currently yields 2.98%, with trailing annual payments of $6.73 per share paid quarterly. The next ex-dividend date is August 10, 2026, with the last declared payment at $1.69 per share. A beta of 0.724 makes IBM stock less volatile than the broader market, which suits dividend investors who prioritize income over price swings. IBM is a Dividend Aristocrat, a status that reflects 31 consecutive years of dividend increases.
International Business Machines Corporation pays out 59.8% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves a meaningful buffer, and IBM's business model, anchored in recurring software contracts, long-cycle consulting engagements, and hybrid cloud infrastructure, supports demand that does not evaporate quickly. International Business Machines Corporation dividend safety is further reinforced by the breadth of its client base, which includes government and enterprise customers across multiple geographies. The primary pressure point is the Technology sector's exposure to enterprise spending cycles, where budget cuts can slow revenue and compress the earnings that underpin the payout.
International Business Machines Corporation dividend history shows a CAGR of 6.5% per year from 2011 to 2025. Per-share payments grew from $2.77 to $6.71 over that period (2026 data is partial and excluded from this calculation). The smallest annual increase in the window was 0.6% in 2023, which shows that growth, while unbroken, has slowed materially in recent years. For income investors, a 6.5% long-run growth rate is meaningful, but the recent deceleration toward sub-1% annual raises is a real trade-off to weigh.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +0.6% | $6.59 (2022) | $6.71 (2025) |
| 5-Year | +1.5% | $6.22 (2020) | $6.71 (2025) |
| 10-Year | +3.4% | $4.78 (2015) | $6.71 (2025) |
IBM stock fits dividend investors who want a Dividend Aristocrat with a moderate yield and a business built around enterprise software and AI services. The current yield of 2.98% sits below IBM's own 5-year average of 3.48%, which means buyers today are paying up relative to recent history. Thirty-one consecutive years of dividend increases is a meaningful streak, and the moderate (2–4%) yield is backed by a payout ratio that does not look stretched at 59.8%. The trade-off is clear: growth has slowed to a crawl in recent years, and the yield is not high enough to compensate if that pace continues. What investors get is durability; what they give up is income momentum.
IBM is a Dividend Aristocrat with 31 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-10 | $1.6900 |
| 2026-05-08 | $1.6900 |
| 2026-02-10 | $1.6800 |
| 2025-11-10 | $1.6800 |
| 2025-08-08 | $1.6800 |
| 2025-05-09 | $1.6800 |
| 2025-02-10 | $1.6700 |
| 2024-11-12 | $1.6700 |
| 2024-08-09 | $1.6700 |
| 2024-05-09 | $1.6700 |
| Year | Total Dividends |
|---|---|
| 2026 | $5.0600 |
| 2025 | $6.7100 |
| 2024 | $6.6700 |
| 2023 | $6.6300 |
| 2022 | $6.5900 |
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