International Business Machines Dividends and Buybacks
Dividend criteria checks 4/6
International Business Machines is a dividend paying company with a current yield of 2.95%.
Key information
3.0%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$9.227 |
| Payout ratio | 96% |
Recent dividend and buyback 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) | 3.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (IT) | 2.1% |
| Analyst forecast (IBM) (up to 3 years) | 3.1% |
Notable Dividend: IBM's dividend (2.95%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: IBM's dividend (2.95%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96%), IBM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52%), IBM's dividend payments are covered by cash flows.