International Business Machines Corporation (IBM) Dividend History
IBM latest dividend
$1.69last dividend per share
Ex-dividend dateAug 10Monday, 2026
Payment dateSep 10Thursday, 2026
The next dividend has not been announced yet.
- 30 yearsof dividend increases
- 1985paying since
- Quarterly4 payments a year
- +1.5%5-year growth a year
- 2.91%forward yield
IBM dividend income calculator
- Dividend income a year
- $676
- Each payment
- $169
- Value of the shares
- $23,214
- Dividend yield
- 2.91%
At the latest close; forward annual dividend $6.76 per share, before tax.
IBM dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
IBM dividend safety
Payout ratio (earnings)56.1%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)51.7%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+1.5%
Slow growth · a year on average
Years of increases30
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
IBM yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $281.28 | 2.40% | $6.74 | 2.4% |
| 3 years ago | $139.97 | 4.83% | $20.10 | 14.4% |
| 5 years ago | $135.94 | 4.97% | $33.30 | 24.5% |
| 10 years ago | $143.96 | 4.70% | $63.25 | 43.9% |
| 20 years ago | $85.79 | 7.88% | $93.44 | 108.9% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
IBM dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
IBM dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $6.71 | +0.6% | 2.27% | 4 |
| 2024 | $6.67 | +0.6% | 3.03% | 4 |
| 2023 | $6.63 | +0.6% | 4.05% | 4 |
| 2022 | $6.59 | +4.1% | 4.68% | 4 |
| 2021 | $6.33 | +1.8% | 4.74% | 4 |
| 2020 | $6.22 | +1.2% | 5.17% | 4 |
| 2019 | $6.14 | +3.5% | 4.80% | 4 |
| 2018 | $5.93 | +5.3% | 5.46% | 4 |
| 2017 | $5.64 | +7.3% | 3.85% | 4 |
| 2016 | $5.25 | +10.0% | 3.31% | 4 |
| 2015 | $4.78 | +17.6% | 3.63% | 4 |
| 2014 | $4.06 | +14.9% | 2.65% | 4 |
| 2013 | $3.53 | +12.1% | 1.97% | 4 |
| 2012 | $3.15 | +13.8% | 1.72% | 4 |
| 2011 | $2.77 | +16.0% | 1.58% | 4 |
| 2010 | $2.39 | +16.3% | 1.70% | 4 |
| 2009 | $2.05 | +13.2% | 1.64% | 4 |
| 2008 | $1.81 | +26.7% | 2.26% | 4 |
| 2007 | $1.43 | +36.4% | 1.39% | 4 |
| 2006 | $1.05 | — | 1.13% | 4 |
IBM dividend history
167 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-10 | 2026-09-10 | $1.69 | — | Quarterly |
| 2026-05-08 | 2026-06-10 | $1.69 | +0.6% | Quarterly |
| 2026-02-10 | 2026-03-10 | $1.68 | — | Quarterly |
| 2025-11-10 | 2025-12-10 | $1.68 | — | Quarterly |
| 2025-08-08 | 2025-09-10 | $1.68 | — | Quarterly |
| 2025-05-09 | 2025-06-10 | $1.68 | +0.6% | Quarterly |
| 2025-02-10 | 2025-03-10 | $1.67 | — | Quarterly |
| 2024-11-12 | 2024-12-10 | $1.67 | — | Quarterly |
| 2024-08-09 | 2024-09-10 | $1.67 | — | Quarterly |
| 2024-05-09 | 2024-06-10 | $1.67 | +0.6% | Quarterly |
| 2024-02-08 | 2024-03-09 | $1.66 | — | Quarterly |
| 2023-11-09 | 2023-12-09 | $1.66 | — | Quarterly |
| 2023-08-09 | 2023-09-09 | $1.66 | — | Quarterly |
| 2023-05-09 | 2023-06-10 | $1.66 | +0.6% | Quarterly |
| 2023-02-09 | 2023-03-10 | $1.65 | — | Quarterly |
| 2022-11-09 | 2022-12-10 | $1.65 | — | Quarterly |
Show all 167 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-09 | 2022-09-10 | $1.65 | — | Quarterly |
| 2022-05-09 | 2022-06-10 | $1.65 | +0.6% | Quarterly |
| 2022-02-10 | 2022-03-10 | $1.64 | — | Quarterly |
| 2021-11-09 | 2021-12-10 | $1.64 | +4.7% | Quarterly |
| 2021-08-09 | 2021-09-10 | $1.57 | — | Quarterly |
| 2021-05-07 | 2021-06-10 | $1.57 | +0.6% | Quarterly |
| 2021-02-09 | 2021-03-10 | $1.56 | — | Quarterly |
| 2020-11-09 | 2020-12-10 | $1.56 | — | Quarterly |
| 2020-08-07 | 2020-09-10 | $1.56 | — | Quarterly |
| 2020-05-07 | 2020-06-10 | $1.56 | +0.6% | Quarterly |
| 2020-02-07 | 2020-03-10 | $1.55 | — | Quarterly |
| 2019-11-07 | 2019-12-10 | $1.55 | — | Quarterly |
| 2019-08-08 | 2019-09-10 | $1.55 | — | Quarterly |
| 2019-05-09 | 2019-06-10 | $1.55 | +3.2% | Quarterly |
| 2019-02-07 | 2019-03-09 | $1.50 | — | Quarterly |
| 2018-11-08 | 2018-12-10 | $1.50 | — | Quarterly |
| 2018-08-09 | 2018-09-10 | $1.50 | — | Quarterly |
| 2018-05-09 | 2018-06-09 | $1.50 | +4.7% | Quarterly |
| 2018-02-08 | 2018-03-10 | $1.43 | — | Quarterly |
| 2017-11-09 | 2017-12-09 | $1.43 | — | Quarterly |
| 2017-08-08 | 2017-09-09 | $1.43 | — | Quarterly |
| 2017-05-08 | 2017-06-10 | $1.43 | +7.1% | Quarterly |
| 2017-02-08 | 2017-03-10 | $1.34 | — | Quarterly |
| 2016-11-08 | 2016-12-10 | $1.34 | — | Quarterly |
| 2016-08-08 | 2016-09-10 | $1.34 | — | Quarterly |
| 2016-05-06 | 2016-06-10 | $1.34 | +7.7% | Quarterly |
| 2016-02-08 | 2016-03-10 | $1.24 | — | Quarterly |
| 2015-11-06 | 2015-12-10 | $1.24 | — | Quarterly |
| 2015-08-06 | 2015-09-10 | $1.24 | — | Quarterly |
| 2015-05-06 | 2015-06-10 | $1.24 | +18.2% | Quarterly |
| 2015-02-06 | 2015-03-10 | $1.05 | — | Quarterly |
| 2014-11-06 | 2014-12-10 | $1.05 | — | Quarterly |
| 2014-08-06 | 2014-09-10 | $1.05 | — | Quarterly |
| 2014-05-07 | 2014-06-10 | $1.05 | +15.8% | Quarterly |
| 2014-02-06 | 2014-03-10 | $0.9074 | — | Quarterly |
| 2013-11-06 | 2013-12-10 | $0.9074 | — | Quarterly |
| 2013-08-07 | 2013-09-10 | $0.9074 | — | Quarterly |
| 2013-05-08 | 2013-06-10 | $0.9074 | +11.8% | Quarterly |
| 2013-02-06 | 2013-03-09 | $0.8119 | — | Quarterly |
| 2012-11-07 | 2012-12-10 | $0.8119 | — | Quarterly |
| 2012-08-08 | 2012-09-10 | $0.8119 | — | Quarterly |
| 2012-05-08 | 2012-06-09 | $0.8119 | +13.3% | Quarterly |
| 2012-02-08 | 2012-03-10 | $0.7164 | — | Quarterly |
| 2011-11-08 | 2011-12-10 | $0.7164 | — | Quarterly |
| 2011-08-08 | 2011-09-10 | $0.7164 | — | Quarterly |
| 2011-05-06 | 2011-06-10 | $0.7164 | +15.4% | Quarterly |
| 2011-02-08 | 2011-03-10 | $0.6209 | — | Quarterly |
| 2010-11-08 | 2010-12-10 | $0.6209 | — | Quarterly |
| 2010-08-06 | 2010-09-10 | $0.6209 | — | Quarterly |
| 2010-05-06 | 2010-06-10 | $0.6209 | +18.2% | Quarterly |
| 2010-02-08 | 2010-03-10 | $0.5253 | — | Quarterly |
| 2009-11-06 | 2009-12-10 | $0.5253 | — | Quarterly |
| 2009-08-06 | 2009-09-10 | $0.5253 | — | Quarterly |
| 2009-05-06 | 2009-06-10 | $0.5253 | +10.0% | Quarterly |
| 2009-02-06 | 2009-03-10 | $0.4776 | — | Quarterly |
| 2008-11-06 | 2008-12-10 | $0.4776 | — | Quarterly |
| 2008-08-06 | 2008-09-10 | $0.4776 | — | Quarterly |
| 2008-05-07 | 2008-06-10 | $0.4776 | +25.0% | Quarterly |
| 2008-02-06 | 2008-03-10 | $0.3821 | — | Quarterly |
| 2007-11-07 | 2007-12-10 | $0.3821 | — | Quarterly |
| 2007-08-08 | 2007-09-10 | $0.3821 | — | Quarterly |
| 2007-05-08 | 2007-06-09 | $0.3821 | +33.3% | Quarterly |
| 2007-02-07 | 2007-03-10 | $0.2866 | — | Quarterly |
| 2006-11-08 | 2006-12-09 | $0.2866 | — | Quarterly |
| 2006-08-08 | 2006-09-09 | $0.2866 | — | Quarterly |
| 2006-05-08 | 2006-06-10 | $0.2866 | +50.0% | Quarterly |
| 2006-02-08 | 2006-03-10 | $0.191 | — | Quarterly |
| 2005-11-08 | 2005-12-10 | $0.191 | — | Quarterly |
| 2005-08-08 | 2005-09-10 | $0.191 | — | Quarterly |
| 2005-05-06 | 2005-06-10 | $0.191 | +11.1% | Quarterly |
| 2005-02-08 | 2005-03-10 | $0.1719 | — | Quarterly |
| 2004-11-08 | 2004-12-10 | $0.1719 | — | Quarterly |
| 2004-08-06 | 2004-09-10 | $0.1719 | — | Quarterly |
| 2004-05-06 | 2004-06-10 | $0.1719 | +12.5% | Quarterly |
| 2004-02-06 | 2004-03-10 | $0.1528 | — | Quarterly |
| 2003-11-06 | 2003-12-10 | $0.1528 | — | Quarterly |
| 2003-08-06 | 2003-09-10 | $0.1528 | — | Quarterly |
| 2003-05-07 | 2003-06-10 | $0.1528 | +6.7% | Quarterly |
| 2003-02-06 | 2003-03-10 | $0.1433 | — | Quarterly |
| 2002-11-06 | 2002-12-10 | $0.1433 | — | Quarterly |
| 2002-08-07 | 2002-09-10 | $0.1433 | — | Quarterly |
| 2002-05-08 | 2002-06-10 | $0.1433 | +7.1% | Quarterly |
| 2002-02-06 | 2002-03-09 | $0.1337 | — | Quarterly |
| 2001-11-07 | 2001-12-10 | $0.1337 | — | Quarterly |
| 2001-08-08 | 2001-09-10 | $0.1337 | — | Quarterly |
| 2001-05-08 | 2001-06-09 | $0.1337 | +7.7% | Quarterly |
| 2001-02-07 | 2001-03-10 | $0.1242 | — | Quarterly |
| 2000-11-08 | 2000-12-09 | $0.1242 | — | Quarterly |
| 2000-08-08 | 2000-09-09 | $0.1242 | — | Quarterly |
| 2000-05-08 | 2000-06-10 | $0.1242 | +8.3% | Quarterly |
| 2000-02-08 | 2000-03-10 | $0.1146 | — | Quarterly |
| 1999-11-08 | 1999-12-10 | $0.1146 | — | Quarterly |
| 1999-08-06 | 1999-09-10 | $0.1146 | — | Quarterly |
| 1999-05-06 | 1999-06-10 | $0.1146 | +9.1% | Quarterly |
| 1999-02-08 | 1999-03-10 | $0.1051 | — | Quarterly |
| 1998-11-06 | 1998-12-10 | $0.1051 | — | Quarterly |
| 1998-08-06 | 1998-09-10 | $0.1051 | — | Quarterly |
| 1998-05-06 | 1998-06-10 | $0.1051 | +10.0% | Quarterly |
| 1998-02-06 | 1998-03-10 | $0.0955 | — | Quarterly |
| 1997-11-06 | 1997-12-10 | $0.0955 | — | Quarterly |
| 1997-08-07 | 1997-09-10 | $0.0955 | — | Quarterly |
| 1997-05-07 | 1997-06-10 | $0.0955 | +14.3% | Quarterly |
| 1997-02-06 | 1997-03-10 | $0.0836 | — | Quarterly |
| 1996-11-06 | 1996-12-10 | $0.0836 | — | Quarterly |
| 1996-08-07 | 1996-09-10 | $0.0836 | — | Quarterly |
| 1996-05-08 | 1996-06-10 | $0.0836 | +40.0% | Quarterly |
| 1996-02-07 | 1996-03-09 | $0.0597 | — | Quarterly |
| 1995-11-08 | 1995-12-09 | $0.0597 | — | Quarterly |
| 1995-08-08 | 1995-09-09 | $0.0597 | — | Quarterly |
| 1995-05-04 | 1995-06-10 | $0.0597 | — | Quarterly |
| 1995-02-06 | 1995-03-10 | $0.0597 | — | Quarterly |
| 1994-11-04 | 1994-12-10 | $0.0597 | — | Quarterly |
| 1994-08-04 | 1994-09-10 | $0.0597 | — | Quarterly |
| 1994-05-05 | 1994-06-10 | $0.0597 | — | Quarterly |
| 1994-02-04 | 1994-03-10 | $0.0597 | — | Quarterly |
| 1993-11-04 | 1993-12-10 | $0.0597 | — | Quarterly |
| 1993-08-05 | 1993-09-10 | $0.0597 | −53.7% | Quarterly |
| 1993-05-06 | 1993-06-10 | $0.129 | — | Quarterly |
| 1993-02-04 | 1993-03-10 | $0.129 | −55.4% | Quarterly |
| 1992-11-05 | 1992-12-10 | $0.2889 | — | Quarterly |
| 1992-08-06 | 1992-09-10 | $0.2889 | — | Quarterly |
| 1992-05-07 | 1992-06-10 | $0.2889 | — | Quarterly |
| 1992-02-06 | 1992-03-10 | $0.2889 | — | Quarterly |
| 1991-11-04 | 1991-12-10 | $0.2889 | — | Quarterly |
| 1991-08-06 | 1991-09-10 | $0.2889 | — | Quarterly |
| 1991-05-06 | 1991-06-10 | $0.2889 | — | Quarterly |
| 1991-02-04 | 1991-03-09 | $0.2889 | — | Quarterly |
| 1990-11-05 | 1990-12-10 | $0.2889 | — | Quarterly |
| 1990-08-06 | 1990-09-10 | $0.2889 | — | Quarterly |
| 1990-05-04 | 1990-06-09 | $0.2889 | — | Quarterly |
| 1990-02-05 | 1990-03-10 | $0.2889 | −0.1% | Quarterly |
| 1989-11-02 | 1989-12-09 | $0.2892 | — | Quarterly |
| 1989-08-03 | 1989-09-09 | $0.2892 | — | Quarterly |
| 1989-05-04 | 1989-06-10 | $0.2892 | +10.0% | |
| 1989-02-02 | 1989-03-10 | $0.2629 | — | |
| 1988-11-04 | 1988-12-10 | $0.2629 | — | |
| 1988-08-04 | 1988-09-10 | $0.2629 | — | |
| 1988-05-05 | 1988-06-10 | $0.2629 | — | |
| 1988-02-04 | 1988-03-10 | $0.2629 | — | |
| 1987-11-05 | 1987-12-10 | $0.2629 | — | |
| 1987-08-06 | 1987-09-10 | $0.2629 | — | |
| 1987-05-07 | 1987-06-10 | $0.2629 | — | |
| 1987-02-05 | 1987-03-10 | $0.2629 | — | |
| 1986-11-05 | 1986-12-10 | $0.2629 | — | |
| 1986-08-07 | 1986-09-10 | $0.2629 | — | |
| 1986-05-08 | 1986-06-10 | $0.2629 | — | |
| 1986-02-07 | 1986-03-10 | $0.2629 | — | |
| 1985-11-06 | 1985-12-10 | $0.2629 | — | |
| 1985-08-08 | 1985-09-10 | $0.2629 | — | |
| 1985-05-03 | 1985-06-10 | $0.2629 | — | |
| 1985-02-06 | 1985-03-09 | $0.2629 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
IBM stock split history
- 2:1May 27, 1999
- 2:1May 28, 1997
IBM dividend overview
IBM pays an annual dividend of $6.76 per share, a yield of 2.91% at the latest close, paid quarterly. It paid $6.71 per share in 2025, up 0.6% from 2024. It has raised its dividend for 30 consecutive years. Over five years the dividend grew 1.5% a year on average and over ten years 3.5% a year. The payout ratio is 56.1% of trailing earnings.
Related: IBM cash flow statement, IBM key metrics, IBM chart. See the IBM stock overview for the latest quote and news.
IBM dividends FAQ
Does IBM pay a dividend?
Yes. IBM has paid a regular dividend since 1985, quarterly, most recently $1.69 per share with an ex-dividend date of August 10, 2026.
What is IBM's dividend yield?
IBM's forward annual dividend is $6.76 per share, a dividend yield of 2.91% at the latest close of $232.14.
How often does IBM pay dividends?
IBM pays dividends quarterly.
How fast is IBM's dividend growing?
IBM's dividend per share grew from $6.22 in 2020 to $6.71 in 2025, 1.5% a year on average over five years; it has increased for 30 years in a row.
What is IBM's dividend payout ratio?
IBM pays out 56.1% of its trailing earnings as dividends and 51.7% of its free cash flow (fiscal 2025).
Has IBM split its stock?
IBM has split its stock 2 times: 2:1 on May 27, 1999, 2:1 on May 28, 1997. Dividends per share on this page are adjusted for splits.