IBM (IBM) Dividend History & Yield

IBM (IBM) has increased its dividend for 31 consecutive years and currently yields 2.71%. The most recent payment was $1.6800/share on Feb 10, 2026, paid Quarterly.

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IBM

IBM

Current Yield

2.71%

TTM Dividend/Share

$6.72

Payment Frequency

Quarterly

Payout Ratio

59.0%

Consecutive Growth Years

31

Div Growth (1Y CAGR)

0.60%

Div Growth (5Y CAGR)

1.52%

Div Growth (10Y CAGR)

3.45%

Dividend Safety Score

5 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 59.0%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($12.42) covers dividend/share ($6.72).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have grown over the past 5 years.

10+ years of consecutive growth

31 consecutive years of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Feb 10, 2026

    Payment date
    Mar 10, 2026
    Dividend
    $1.6800
    Adj. dividend
    $1.6800
    Yield (ex-date)
    2.30%
  • Ex-date Nov 10, 2025

    Payment date
    Dec 10, 2025
    Dividend
    $1.6800
    Adj. dividend
    $1.6800
    Yield (ex-date)
    2.17%
  • Ex-date Aug 8, 2025

    Payment date
    Sep 10, 2025
    Dividend
    $1.6800
    Adj. dividend
    $1.6800
    Yield (ex-date)
    2.77%
  • Ex-date May 9, 2025

    Payment date
    Jun 10, 2025
    Dividend
    $1.6800
    Adj. dividend
    $1.6800
    Yield (ex-date)
    2.68%
  • Ex-date Feb 10, 2025

    Payment date
    Mar 10, 2025
    Dividend
    $1.6700
    Adj. dividend
    $1.6700
    Yield (ex-date)
    2.68%
  • Ex-date Nov 12, 2024

    Payment date
    Dec 10, 2024
    Dividend
    $1.6700
    Adj. dividend
    $1.6700
    Yield (ex-date)
    3.16%
  • Ex-date Aug 9, 2024

    Payment date
    Sep 10, 2024
    Dividend
    $1.6700
    Adj. dividend
    $1.6700
    Yield (ex-date)
    3.48%
  • Ex-date May 9, 2024

    Payment date
    Jun 10, 2024
    Dividend
    $1.6700
    Adj. dividend
    $1.6700
    Yield (ex-date)
    4.00%
  • Ex-date Feb 8, 2024

    Payment date
    Mar 9, 2024
    Dividend
    $1.6600
    Adj. dividend
    $1.6600
    Yield (ex-date)
    3.60%
  • Ex-date Nov 9, 2023

    Payment date
    Dec 9, 2023
    Dividend
    $1.6600
    Adj. dividend
    $1.6600
    Yield (ex-date)
    4.52%
  • Ex-date Aug 9, 2023

    Payment date
    Sep 9, 2023
    Dividend
    $1.6600
    Adj. dividend
    $1.6600
    Yield (ex-date)
    4.65%
  • Ex-date May 9, 2023

    Payment date
    Jun 10, 2023
    Dividend
    $1.6600
    Adj. dividend
    $1.6600
    Yield (ex-date)
    5.46%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 2.27%5Y: 3.78%10Y: 4.25%

Dividend Growth

CAGR (per year)1Y: 0.60%5Y: 1.52%10Y: 3.45%↓ Decelerating

Dividend Increase Track Record

IBM has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 31 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$6.7100
2025$6.6700$6.7100+0.6%
2024$6.6300$6.6700+0.6%
2023$6.5900$6.6300+0.6%
2022$6.3341$6.5900+4.0%
2021$6.2237$6.3341+1.8%
2020$6.1472$6.2237+1.2%
2019$5.9369$6.1472+3.5%
2018$5.6405$5.9369+5.3%
2017$5.2581$5.6405+7.3%
2016$4.7801$5.2581+10.0%
2015$4.0631$4.7801+17.6%
2014$3.5373$4.0631+14.9%
2013$3.1549$3.5373+12.1%
2012$2.7725$3.1549+13.8%
2011$2.3901$2.7725+16.0%
2010$2.0554$2.3901+16.3%
2009$1.8164$2.0554+13.2%
2008$1.4340$1.8164+26.7%
2007$1.0516$1.4340+36.4%
2006$0.7457$1.0516+41.0%
2005$0.6692$0.7457+11.4%
2004$0.6023$0.6692+11.1%
2003$0.5640$0.6023+6.8%
2002$0.5258$0.5640+7.3%
2001$0.4876$0.5258+7.8%
2000$0.4493$0.4876+8.5%
1999$0.4111$0.4493+9.3%
1998$0.3705$0.4111+11.0%
1997$0.3107$0.3705+19.2%
1996$0.2390$0.3107+30.0%
1995$0.2390$0.23900.0%
1994$0.3776$0.2390-36.7%
1993$1.1568$0.3776-67.4%
1992$1.1568$1.15680.0%
1991$1.1568$1.15680.0%
1990$1.1305$1.1568+2.3%
1989$1.0516$1.1305+7.5%
1988$1.0516$1.05160.0%
1987$1.0516$1.05160.0%
1986$1.0516$1.05160.0%
1985$0.9799$1.0516+7.3%
1984$0.8867$0.9799+10.5%
1983$0.8222$0.8867+7.8%
1982$0.8222$0.82220.0%
1981$0.8222$0.82220.0%
1980$0.8222$0.82220.0%
1979$0.6883$0.8222+19.5%
1978$0.5975$0.6883+15.2%
1977$0.4780$0.5975+25.0%
1976$0.3884$0.4780+23.1%
1975$0.3322$0.3884+16.9%
1974$0.2677$0.3322+24.1%
1973$0.2581$0.2677+3.7%
1972$0.2486$0.2581+3.8%
1971$0.2486

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does IBM pay dividends?

Yes, IBM (IBM) pays quarterly dividends of approximately $6.72 per share annually, yielding 2.71%.

What is IBM's dividend yield?

IBM (IBM) has a current dividend yield of 2.71%.

Is IBM's dividend safe?

IBM (IBM) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has IBM increased its dividend?

IBM (IBM) has 31 consecutive years of dividend increases.

What is IBM's dividend payout ratio?

IBM (IBM) has a dividend payout ratio of 59.0%.