International Business Machines Corporation
IBM31 yrs growthTechnology · Stock · quarterly payer
$301.77
Add to PortfolioForward Yield
2.24%
Annual Dividend
$6.76
Payout Ratio
59%
5-Yr Growth
1.5%
Ex-Date
May 8, 2026
Frequency
Quarterly
IBM Dividend Safety Score
90/ 100
Grade A
Very Safe
Dividend-growth streak31 consecutive years of growth
Cut historyCut its dividend in 1994
Earnings payout coverage59% of earnings paid out
Free-cash-flow coverage49% of free cash flow
Balance-sheet strengthDebt/equity of 2.11
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is IBM a good dividend stock?
YesInternational Business Machines Corporation (IBM) pays a quarterly dividend yielding 2.24% ($6.76/yr), with 31 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 31 consecutive years of growth
- Comfortable payout ratio (59%)
- 107% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 1994
Key Data
- Dividend Yield
- 2.24%
- Payout Ratio
- 59%
- Annual Dividend
- $6.76
- 5-Yr Avg Growth
- 1.5%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 31
- Frequency
- quarterly
- Beta
- 0.67
- Market Cap
- $283.6B
- P/E Ratio
- 26.7
- 5-Yr Total Return
- 107%
- 52-Week Range
- $212.34 – $332.46
- Dividend Safety
- A · 90/100
- Ever Cut?
- Yes (1994)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $1.6900 | regular |
| Feb 10, 2026 | — | $1.6800 | regular |
| Nov 10, 2025 | — | $1.6800 | regular |
| Aug 8, 2025 | — | $1.6800 | regular |
| May 9, 2025 | — | $1.6800 | regular |
| Feb 10, 2025 | — | $1.6700 | regular |
| Nov 12, 2024 | — | $1.6700 | regular |
| Aug 9, 2024 | — | $1.6700 | regular |
| May 9, 2024 | — | $1.6700 | regular |
| Feb 8, 2024 | — | $1.6600 | regular |
| Nov 9, 2023 | — | $1.6600 | regular |
| Aug 9, 2023 | — | $1.6600 | regular |
| May 9, 2023 | — | $1.6600 | regular |
| Feb 9, 2023 | — | $1.6500 | regular |
Income Calculator
At $6.76 / yr per share
Per payment (quarterly)$169.00
Annual$676.00
Monthly avg$56.33
