International Business Machines Dividend
Dividend criteria checks 6/6
International Business Machines is a dividend paying company with a current yield of 3.91% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
3.9%
Dividend yield
74%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 10 Jun 24 |
Ex dividend date | 09 May 24 |
Dividend per share | n/a |
Earnings per share | AR$8.88 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IBM's dividends per share have been stable in the past 10 years.
Growing Dividend: IBM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
International Business Machines Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IBM) | 3.9% |
Market Bottom 25% (AR) | 0.6% |
Market Top 25% (AR) | 2.7% |
Industry Average (IT) | 2.1% |
Analyst forecast in 3 Years (IBM) | 4.1% |
Notable Dividend: IBM's dividend (3.91%) is higher than the bottom 25% of dividend payers in the AR market (0.63%).
High Dividend: IBM's dividend (3.91%) is in the top 25% of dividend payers in the AR market (2.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.4%), IBM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.4%), IBM's dividend payments are well covered by cash flows.