International Business Machines (IBM) Dividends & Splits

International Business Machines Corp (IBM) has a long history of paying dividends to its shareholders. The company has consistently raised its dividend for the past 25 years, a testament to its commitment to providing value to its investors. As of the most recent dividend payment, the dividend yield for IBM stock stands at approximately 4%. This means that for every dollar invested in IBM, shareholders can expect to receive a dividend payment of 4 cents. The payout ratio, which measures the percentage of earnings paid out as dividends, is currently around 40%. This indicates that IBM is using a significant portion of its earnings to reward its shareholders.

IBM typically announces its dividend ex-date, which is the date on which a shareholder must own shares in order to be eligible for the dividend payment, a few weeks before the payment date. The ex-date is important because it determines who is entitled to receive the dividend. IBM has not implemented a stock split in recent years, and its split multiple remains unchanged. This means that the number of shares outstanding has not been adjusted, and shareholders have not received additional shares as a result of a split. The dividend amount per share is determined by the company's board of directors and is subject to change from one payment period to the next. IBM has a track record of consistently increasing its dividend, with a dividend growth rate of approximately 5% per year over the past decade. This demonstrates the company's commitment to providing its shareholders with a reliable and growing stream of income.