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International Business Machines (International Business Machines) 3-Year Dividend Growth Rate

: 0.60% (As of Dec. 2023)
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International Business Machines's Dividends per Share for the three months ended in Dec. 2023 was $1.66.

The historical rank and industry rank for International Business Machines's 3-Year Dividend Growth Rate or its related term are showing as below:

IBM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -40.9   Med: 8.6   Max: 34.6
Current: 0.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of International Business Machines was 34.60% per year. The lowest was -40.90% per year. And the median was 8.60% per year.

IBM's 3-Year Dividend Growth Rate is ranked worse than
80.83% of 553 companies
in the Software industry
Industry Median: 13.9 vs IBM: 0.60

During the past 12 months, International Business Machines's average Dividends Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

International Business Machines's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.43. As of today, International Business Machines's Dividend Yield % is 3.63%.

Warning Sign:

International Business Machines Corp stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Information Technology Services subindustry, International Business Machines's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Business Machines 3-Year Dividend Growth Rate Distribution

For the Software industry and Technology sector, International Business Machines's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where International Business Machines's 3-Year Dividend Growth Rate falls into.



International Business Machines 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


International Business Machines  (NYSE:IBM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

International Business Machines's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.66/ 3.87
=0.43

During the past 13 years, the highest Dividend Payout Ratio of International Business Machines was 0.83. The lowest was 0.26. And the median was 0.48.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

International Business Machines Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6602024-02-082024-02-092024-03-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.6602023-11-092023-11-102023-12-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.6602023-08-092023-08-102023-09-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.6602023-05-092023-05-102023-06-10Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

International Business Machines's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.64/183.75
=3.61 %

Current Share Price is $183.75.
International Business Machines's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.64.

During the past 13 years, the highest Dividend Yield of International Business Machines was 7.06%. The lowest was 1.71%. And the median was 4.31%.

Warning Sign:

International Business Machines Corp stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


International Business Machines 3-Year Dividend Growth Rate Related Terms>


International Business Machines (International Business Machines) Business Description

Address
One New Orchard Road, Armonk, NY, USA, 10504
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
Executives
Michael Miebach director 2000 PURCHASE STREET, PURCHASE NY 10577
James J Kavanaugh officer: Vice President and Controller IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Nicolas A. Fehring officer: VP, Controller ONE NEW ORCHARD ROAD, ARMONK NY 10504
Del Bene Robert F officer: VP, Controller IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
David N Farr director
Michelle J Howard director C/O SECRETARY'S OFFICE, IBM CORPORATION, ARMONK NY 10504
Alfred W Zollar director C/O LOTUS SOFTWARE, ONE ROGER STREET, CAMBRIDGE MA 02142
Gary D Cohn officer: Vice Chairman 812 PARK AVENUE, 7-8A, NEW YORK NY 10021
Nickle Jaclyn Lamoreaux officer: Senior Vice President IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
James M Whitehurst officer: President IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Alex Gorsky director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Andrew N Liveris director 2211 H.H. DOW WAY, MIDLAND MI 48674
Joseph Swedish director WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Frederick H Waddell director 50 S. LA SALLE ST., CHICAGO IL 60675
Mcnabb Frederick William Iii director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343