IBM – Dividend Returns, History & Calculator

Dividend Champion 30 Years

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financ

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Company Info

Symbol IBM

Company International Business Machines

Sector Technology

Industry Information Technology Services

Website Visit

Market Cap $285,098.9M

Price Data

Price $305.01

Price Change -0.08

Price Change % -0.03%

Next Earnings Report Jan 28, 2026

Low (52W) $214.50

High (52W) $324.90

Dividend Data

Div Yield 2.20%

5Y Avg Yield 4.61%

Current Div $1.680

Payouts/Year 4

Annualized $6.720

Previous Div $1.680

Ex-date Nov 10, 2025

Dividend Pay Date Dec 10, 2025

Growth Rates

Chowder Number 3.7

DGR 1Y 0.6%

DGR 3Y 0.6%

DGR 5Y 1.5%

DGR 10Y 3.4%

Total Returns

TTR 1Y - With Specials 43.5%

TTR 3Y - With Specials 35.1%

TTR 1Y - No Specials 43.5%

TTR 3Y - No Specials 35.1%

Fair Value

Fair Value (P/E 10) $156.05

FV (P/E 10) % 95.0%

Fair Value (Peter Lynch) $209.75

FV (Peter Lynch) % 45.0%

Fair Value (Blended) $191.42

FV (Blended) % 59.0%

Financial Metrics

Revenue 1Y 1.4%

NPM 12.1%

CF/Share $14.42

ROE 30.2%

Current R 0.9x

Debt/Capital 67.0%

ROTC 9.4%

P/E 36.4x

P/BV 10.2x

PEG 4.98

📊 Financial data last updated: December 29, 2025 3:32 pm

IBM 10-yr Total Return ($10,000 invested)

This chart compares the 10-year total return performance of IBM with and without dividend reinvestment (DRIP). The analysis demonstrates how reinvesting dividends can significantly enhance long-term investment returns through the power of compounding, showing the difference between collecting dividends as cash versus automatically purchasing additional shares.

With DRIP No DRIP

Total Return with and without DRIP (IBM)

Over the selected period, investing $10,000 in IBM would grow to $65,275 with DRIP (552.7%), and $46,290 without DRIP (362.9%).

IBM Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in IBM with historic price growth (8.28%) and dividend growth (3.06%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $135,203

Annual Dividend: $1,167

Yield on Cost: 3.43%

Total Dividends: $13,308

No DRIP

Portfolio: $119,669

Total Dividends: $11,409

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $339,354

Annual Dividend: $1,787

Yield on Cost: 3.88%

Total Dividends: $27,740

No DRIP

Portfolio: $280,924

Total Dividends: $22,647

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $6,538 against a total investment of $25,600. At this point, your portfolio is throwing off $804 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $1,006, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $13,308 versus $34,000 invested, nearly a 39% recovery of capital purely from income. Yield on cost reaches 3.43%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $1,460 is greater than total contributions to date ($40,000), and cumulative dividends exceed $19,763.

By year 30, the DRIP snowball is in full force. Yearly income reaches $1,787, cumulative dividends total $27,740, and the DRIP portfolio value stands at $339,354, compared with $280,924 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for IBM, price $289.76, dividend per period $1.68 (4x/year), along with historic growth assumptions: price growth 8.28% and dividend growth 3.06% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for IBM

Based on past 10-year performance, here are IBM growth metrics:

Share price CAGR of +6.89%

Dividend CAGR of +3.45%

Using IBM CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

	IBM (DRIP)	IBM (No DRIP)
Current Price	$300.98	$300.98
Start Shares	33.22	33.22
Start Value	$10,000	$10,000
After 10 years:
Final Share Count	40.00	33.22
Dividends Payment	$9.43	$9.43
Annual Dividends	$371	$313
Yield on cost	3.71%	3.13%
Share Price	$585.82	$585.82
Total Dividends	$2,973	$2,703
Final Value	$23,434	$22,167

Estimated Future Value + Dividends – IBM

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

IBM Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
11/10/2025	11/10/2025	$1.68	2.17%	2.17%	$309.13
08/08/2025	08/08/2025	$1.68	2.77%	2.77%	$242.27
05/09/2025	05/09/2025	$1.68	2.68%	2.70%	$249.20
02/10/2025	02/10/2025	$1.67	2.68%	2.68%	$249.27
11/12/2024	11/12/2024	$1.67	3.16%	3.17%	$210.86
08/09/2024	08/09/2024	$1.67	3.48%	3.49%	$191.45
05/09/2024	05/09/2024	$1.67	4.00%	4.02%	$166.27
02/08/2024	02/08/2024	$1.66	3.60%	3.60%	$184.36
11/09/2023	11/09/2023	$1.66	4.52%	4.53%	$146.62
08/09/2023	08/09/2023	$1.66	4.65%	4.66%	$142.49
05/09/2023	05/09/2023	$1.66	5.46%	5.48%	$121.17
02/09/2023	02/09/2023	$1.65	4.93%	4.93%	$133.75
11/09/2022	11/09/2022	$1.65	4.80%	4.80%	$137.39
08/09/2022	08/09/2022	$1.65	5.08%	5.10%	$129.47
05/09/2022	05/09/2022	$1.65	4.83%	4.91%	$134.44
02/10/2022	02/10/2022	$1.64	4.81%	4.91%	$133.52
11/09/2021	11/09/2021	$1.64	5.24%	5.43%	$120.85
08/09/2021	08/09/2021	$1.57	4.63%	4.64%	$135.04
05/07/2021	05/07/2021	$1.57	4.49%	4.51%	$139.06
02/09/2021	02/09/2021	$1.56	5.34%	5.34%	$116.73
11/09/2020	11/09/2020	$1.56	5.63%	5.64%	$110.45
08/07/2020	08/07/2020	$1.56	5.20%	5.22%	$119.46
05/07/2020	05/07/2020	$1.56	5.35%	5.38%	$115.90
02/07/2020	02/07/2020	$1.55	4.22%	4.22%	$146.66
11/07/2019	11/07/2019	$1.55	4.67%	4.71%	$131.63
08/08/2019	08/08/2019	$1.55	4.55%	4.63%	$133.94
05/09/2019	05/09/2019	$1.55	4.68%	4.79%	$129.39
02/07/2019	02/07/2019	$1.50	4.72%	4.72%	$127.33
11/08/2018	11/08/2018	$1.50	5.03%	5.09%	$117.95
08/09/2018	08/09/2018	$1.50	4.24%	4.34%	$138.40
05/09/2018	05/09/2018	$1.50	4.26%	4.40%	$136.34
02/08/2018	02/08/2018	$1.43	4.07%	4.07%	$141.10
11/09/2017	11/09/2017	$1.43	3.93%	3.99%	$143.69
08/08/2017	08/08/2017	$1.43	4.08%	4.22%	$135.86
05/08/2017	05/08/2017	$1.43	3.72%	3.92%	$146.30
02/08/2017	02/08/2017	$1.34	3.18%	3.18%	$168.42
11/08/2016	11/08/2016	$1.34	3.54%	3.61%	$148.35
08/08/2016	08/08/2016	$1.34	3.33%	3.46%	$154.91
05/06/2016	05/06/2016	$1.34	3.60%	3.80%	$140.81
02/08/2016	02/08/2016	$1.24	4.10%	4.10%	$121.40
11/06/2015	11/06/2015	$1.24	3.62%	3.76%	$132.17
08/06/2015	08/06/2015	$1.24	3.07%	3.33%	$149.45
05/06/2015	05/06/2015	$1.24	2.71%	3.06%	$162.57
02/06/2015	02/06/2015	$1.05	2.81%	2.81%	$149.83
11/06/2014	11/06/2014	$1.05	2.63%	2.73%	$154.36
08/06/2014	08/06/2014	$1.05	2.20%	2.37%	$177.79
05/07/2014	05/07/2014	$1.05	2.09%	2.32%	$180.98
02/06/2014	02/06/2014	$0.908	2.18%	2.18%	$166.99
11/06/2013	11/06/2013	$0.908	2.06%	2.12%	$171.31
08/07/2013	08/07/2013	$0.908	1.91%	2.02%	$180.27
05/08/2013	05/08/2013	$0.908	1.71%	1.86%	$195.81
02/06/2013	02/06/2013	$0.813	1.69%	1.69%	$192.18
11/07/2012	11/07/2012	$0.813	1.73%	1.78%	$182.75
08/08/2012	08/08/2012	$0.813	1.61%	1.71%	$190.28
05/08/2012	05/08/2012	$0.813	1.54%	1.69%	$192.62
02/08/2012	02/08/2012	$0.717	1.55%	1.55%	$184.46
11/08/2011	11/08/2011	$0.717	1.55%	1.60%	$179.02
08/08/2011	08/08/2011	$0.717	1.68%	1.80%	$158.91
05/06/2011	05/06/2011	$0.717	1.60%	1.78%	$161.46
02/08/2011	02/08/2011	$0.621	1.57%	1.57%	$158.75
11/08/2010	11/08/2010	$0.621	1.71%	1.78%	$140.02
08/06/2010	08/06/2010	$0.621	1.84%	2.00%	$124.42
05/06/2010	05/06/2010	$0.621	1.86%	2.10%	$118.47
02/08/2010	02/08/2010	$0.526	1.81%	1.81%	$116.52
11/06/2009	11/06/2009	$0.526	1.74%	1.78%	$118.06
08/06/2009	08/06/2009	$0.526	1.79%	1.87%	$112.22
05/06/2009	05/06/2009	$0.526	1.96%	2.10%	$100.02
02/06/2009	02/06/2009	$0.478	2.08%	2.08%	$91.91
11/06/2008	11/06/2008	$0.478	2.23%	2.35%	$81.41
08/06/2008	08/06/2008	$0.478	1.39%	1.55%	$123.48
05/07/2008	05/07/2008	$0.478	1.37%	1.61%	$118.68
02/06/2008	02/06/2008	$0.382	1.54%	1.54%	$99.03
11/07/2007	11/07/2007	$0.382	1.35%	1.44%	$106.20
08/08/2007	08/08/2007	$0.382	1.24%	1.42%	$108.01
05/08/2007	05/08/2007	$0.382	1.26%	1.55%	$98.75
02/07/2007	02/07/2007	$0.287	1.21%	1.21%	$95.16
11/08/2006	11/08/2006	$0.287	1.19%	1.30%	$88.52
08/08/2006	08/08/2006	$0.287	1.33%	1.59%	$72.02
05/08/2006	05/08/2006	$0.287	1.09%	1.45%	$79.24
02/08/2006	02/08/2006	$0.191	0.99%	0.99%	$77.25
11/08/2005	11/08/2005	$0.191	0.94%	0.96%	$79.49
08/08/2005	08/08/2005	$0.191	0.91%	0.96%	$79.69
05/06/2005	05/06/2005	$0.191	0.98%	1.06%	$71.95
02/08/2005	02/08/2005	$0.172	0.76%	0.76%	$89.99
11/08/2004	11/08/2004	$0.172	0.75%	0.77%	$89.26
08/06/2004	08/06/2004	$0.172	0.81%	0.86%	$79.81
05/06/2004	05/06/2004	$0.172	0.75%	0.81%	$84.47
02/06/2004	02/06/2004	$0.153	0.65%	0.65%	$94.59
11/06/2003	11/06/2003	$0.153	0.71%	0.72%	$85.41
08/06/2003	08/06/2003	$0.153	0.78%	0.80%	$76.24
05/07/2003	05/07/2003	$0.153	0.70%	0.74%	$82.87
02/06/2003	02/06/2003	$0.143	0.77%	0.77%	$74.10
11/06/2002	11/06/2002	$0.143	0.72%	0.74%	$77.95
08/07/2002	08/07/2002	$0.143	0.84%	0.87%	$66.13
05/08/2002	05/08/2002	$0.143	0.69%	0.73%	$78.82
02/06/2002	02/06/2002	$0.134	0.53%	0.53%	$101.94
11/07/2001	11/07/2001	$0.134	0.48%	0.49%	$108.84
08/08/2001	08/08/2001	$0.134	0.52%	0.54%	$99.61
05/08/2001	05/08/2001	$0.134	0.45%	0.48%	$112.52
02/07/2001	02/07/2001	$0.124	0.44%	0.44%	$111.77
11/08/2000	11/08/2000	$0.124	0.51%	0.52%	$95.60
08/08/2000	08/08/2000	$0.124	0.42%	0.44%	$113.65
05/08/2000	05/08/2000	$0.124	0.45%	0.47%	$104.92
02/08/2000	02/08/2000	$0.115	0.40%	0.40%	$113.59

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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.

IBM Price

Price to Earnings

This chart displays IBM price to earnings data over time, helping analyze the company’s financial performance and operational trends.

Price to Sales

This chart displays IBM price to sales data over time, helping analyze the company’s financial performance and operational trends.

Revenue

This chart displays IBM revenue data over time, helping analyze the company’s financial performance and operational trends.

Net Income

This chart displays IBM net income data over time, helping analyze the company’s financial performance and operational trends.

Revenue vs Net Income

This chart displays IBM revenue vs net income data over time, helping analyze the company’s financial performance and operational trends.

Gross Profit

This chart displays IBM gross profit data over time, helping analyze the company’s financial performance and operational trends.

Operating Income

This chart displays IBM operating income data over time, helping analyze the company’s financial performance and operational trends.

EBITDA

This chart displays IBM ebitda data over time, helping analyze the company’s financial performance and operational trends.

Operating Cash Flow

This chart displays IBM operating cash flow data over time, helping analyze the company’s financial performance and operational trends.

Free Cash Flow

This chart displays IBM free cash flow data over time, helping analyze the company’s financial performance and operational trends.

Free Cash Flow / Share

This chart displays IBM free cash flow / share data over time, helping analyze the company’s financial performance and operational trends.

Earnings Per Share (EPS)

This chart displays IBM earnings per share (eps) data over time, helping analyze the company’s financial performance and operational trends.

Return on Equity (ROE)

This chart displays IBM return on equity (roe) data over time, helping analyze the company’s financial performance and operational trends.

Return on Assets (ROA)

This chart displays IBM return on assets (roa) data over time, helping analyze the company’s financial performance and operational trends.

Net Profit Margin

This chart displays IBM net profit margin data over time, helping analyze the company’s financial performance and operational trends.

Gross Profit Margin

This chart displays IBM gross profit margin data over time, helping analyze the company’s financial performance and operational trends.

Cash & Debt

This chart displays IBM cash & debt data over time, helping analyze the company’s financial performance and operational trends.

Shares Outstanding

This chart displays IBM shares outstanding data over time, helping analyze the company’s financial performance and operational trends.

Stock-Based Comp

This chart displays IBM stock-based comp data over time, helping analyze the company’s financial performance and operational trends.

FCF vs Stock Based Comp

This chart displays IBM fcf vs stock based comp data over time, helping analyze the company’s financial performance and operational trends.

FCF vs FCF / Share

This chart displays IBM fcf vs fcf / share data over time, helping analyze the company’s financial performance and operational trends.

Revenue: Actual + Estimates

This chart displays IBM revenue: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

EPS: Actual + Estimates

This chart displays IBM eps: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

Net Income: Actual + Estimates

This chart displays IBM net income: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

EBITDA: Actual + Estimates

This chart displays IBM ebitda: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

Initial Investment: The lump sum youâre investing on day 1. Share Price: The current market price of one share. Dividend Amount (per payout): Enter the dividend paid per share each payout (e.g., quarterly for many ETFs). Annual yield is computed from this and the selected frequency. Dividend Frequency: How often you receive dividends (e.g. quarterly). Dividend Growth Rate: The yearly increase in dividend payouts (as a percentage). Share Price Growth: Expected annual increase in share price over time. Extra Investment: The amount you invest regularly (e.g. each month). Extra Invest Frequency: How often your extra investment is made (e.g. monthly). Length of Investment: How long you plan to keep investing and compounding.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly â this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: January 2, 2026 6:36 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

Year	Start Balance	Start Shares	Share Price	Dividend / Share	Dividend Yield	Yield on Cost	Annual Dividend	Total Dividends	End Shares	End Balance
1	$10,000	35	$289.80	$1.68	2.32%	2.32%	$251	$251	40	$11,451
2	$12,400	40	$313.80	$1.73	2.21%	2.39%	$293	$544	44	$13,892
3	$15,043	44	$339.79	$1.78	2.10%	2.46%	$334	$878	49	$16,577
4	$17,950	49	$367.94	$1.84	2.00%	2.54%	$377	$1,255	53	$19,527
5	$21,144	53	$398.41	$1.90	1.90%	2.62%	$420	$1,675	57	$22,764
6	$24,649	57	$431.41	$1.95	1.81%	2.70%	$463	$2,138	61	$26,313
7	$28,492	61	$467.14	$2.01	1.72%	2.78%	$507	$2,645	65	$30,199
8	$32,701	65	$505.84	$2.07	1.64%	2.86%	$552	$3,197	68	$34,453
9	$37,306	68	$547.73	$2.14	1.56%	2.95%	$598	$3,795	71	$39,104
10	$42,343	71	$593.10	$2.20	1.49%	3.04%	$644	$4,439	75	$44,187

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.