International Business Machines's last quarterly cash dividend of $1.66 per share was issued to shareholders on record before Feb 8, 2024. The dividend payment stands at $6.64 per share annually, which equates to a dividend yield of 3.66%.
International Business Machines's dividend yield of 3.66% is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 1.57%, International Business Machines's dividend yield is 133% higher. Historically IBM's dividend yield has averaged at 4.9% in the last 5 years, which is above the current yield.
International Business Machines has been paying dividends for the last 33 years. According to our records IBM has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 0.6% for the last twelve months. However with the stock price up by 42% from a year ago, the dividend yield has decreased by 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 8, 2024 | Mar 9, 2024 | Jan 30, 2024 | $1.66 | normal |
| Nov 9, 2023 | Dec 9, 2023 | Oct 30, 2023 | $1.66 | normal |
| Aug 9, 2023 | Sep 9, 2023 | Jul 24, 2023 | $1.66 | normal |
| May 9, 2023 | Jun 10, 2023 | Apr 25, 2023 | $1.66 | normal |
| Feb 9, 2023 | Mar 10, 2023 | Jan 31, 2023 | $1.65 | normal |
| Nov 9, 2022 | Dec 10, 2022 | Oct 25, 2022 | $1.65 | normal |
| Aug 9, 2022 | Sep 10, 2022 | Jul 25, 2022 | $1.65 | normal |
| May 9, 2022 | Jun 10, 2022 | Apr 26, 2022 | $1.65 | normal |
| Feb 10, 2022 | Mar 10, 2022 | Feb 1, 2022 | $1.64 | normal |
| Nov 9, 2021 | Dec 10, 2021 | Oct 26, 2021 | $1.64 | normal |
| Aug 9, 2021 | Sep 10, 2021 | Jul 27, 2021 | $1.64 | normal |
| May 7, 2021 | Jun 10, 2021 | Apr 27, 2021 | $1.64 | normal |
| Feb 9, 2021 | Mar 10, 2021 | Jan 26, 2021 | $1.63 | normal |
| Nov 9, 2020 | Dec 10, 2020 | Oct 27, 2020 | $1.63 | normal |
| Aug 7, 2020 | Sep 10, 2020 | Jul 28, 2020 | $1.63 | normal |
| May 7, 2020 | Jun 10, 2020 | Apr 28, 2020 | $1.63 | normal |
| Feb 7, 2020 | Mar 10, 2020 | Jan 28, 2020 | $1.62 | normal |
| Nov 7, 2019 | Dec 10, 2019 | Oct 29, 2019 | $1.62 | normal |
| Aug 8, 2019 | Sep 10, 2019 | Jul 30, 2019 | $1.62 | normal |
| May 9, 2019 | Jun 10, 2019 | Apr 30, 2019 | $1.62 | normal |
| Feb 7, 2019 | Mar 9, 2019 | Jan 29, 2019 | $1.57 | normal |
| Nov 8, 2018 | Dec 10, 2018 | Oct 30, 2018 | $1.57 | normal |
| Aug 9, 2018 | Sep 10, 2018 | Jul 31, 2018 | $1.57 | normal |
| May 9, 2018 | Jun 9, 2018 | Apr 24, 2018 | $1.57 | normal |
| Feb 8, 2018 | Mar 10, 2018 | Jan 30, 2018 | $1.5 | normal |
| Nov 9, 2017 | Dec 9, 2017 | Oct 31, 2017 | $1.5 | normal |
| Aug 8, 2017 | Sep 9, 2017 | Jul 25, 2017 | $1.5 | normal |
| May 8, 2017 | Jun 10, 2017 | Apr 25, 2017 | $1.5 | normal |
| Feb 8, 2017 | Mar 10, 2017 | Jan 31, 2017 | $1.4 | normal |
| Nov 8, 2016 | Dec 10, 2016 | Oct 25, 2016 | $1.4 | normal |
| Aug 8, 2016 | Sep 10, 2016 | Jul 26, 2016 | $1.4 | normal |
| May 6, 2016 | Jun 10, 2016 | Apr 26, 2016 | $1.4 | normal |
| Feb 8, 2016 | Mar 10, 2016 | Jan 26, 2016 | $1.3 | normal |
| Nov 6, 2015 | Dec 10, 2015 | Oct 27, 2015 | $1.3 | normal |
| Aug 6, 2015 | Sep 10, 2015 | Jul 28, 2015 | $1.3 | normal |
International Business Machines's payout ratio of 80.6% is above the Technology sector, the industry and its peers average. In comparison with its Technology sector average of 33.5%, International Business Machines's payout ratio is 141% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HPQ Hp Inc | 3.9% | $1.08 | 31.1% |
| IBM International Business Machines Corp | 3.66% | $6.64 | 80.6% |
| CSCO Cisco Systems Inc | 3.26% | $1.57 | 47.4% |
| ACN Accenture plc | 1.58% | $4.99 | 44.7% |
| INTC Intel Corp | 1.43% | $0.5 | 125% |
| ORCL Oracle Corp | 1.38% | $1.6 | 41.1% |
| MSFT Microsoft Corp | 0.71% | $2.86 | 25.8% |
| AAPL Apple Inc | 0.57% | $0.96 | 14.9% |
Yes, International Business Machines has paid four dividends in the last twelve months. IBM has been paying dividends since 1991.
At this point we don't have a record of IBM's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
International Business Machines's last dividend ex-date was on Feb 8, 2024. The dividend amount was $1.66 per share.
IBM has paid dividend of $6.64 per share in the last year.
International Business Machines's current dividend yield is 3.66%.
International Business Machines pays dividends quarterly.
International Business Machines's dividend payout ratio is 80.6%.
International Business Machines's dividend yield is above the Technology sector average.