IBM – Dividend Returns, History & Calculator
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
...Company Info
Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
IBM 10-yr Total Return ($10,000 invested)
This analysis of IBM demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 11.2% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 23.5% annually, outpacing the 10-year average. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (IBM)
Over the selected period, investing $10,000 in IBM would grow to $47,487 with DRIP (374.9%), and $34,973 without DRIP (249.7%).
IBM Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in IBM with historic price growth (5.01%) and dividend growth (3.06%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $95,196
Annual Dividend: $1,835
Yield on Cost: 5.40%
Total Dividends: $18,796
Portfolio: $82,390
Total Dividends: $14,975
After 30 Years
Your Investment: $46,000
Portfolio: $201,526
Annual Dividend: $3,219
Yield on Cost: 7.00%
Total Dividends: $43,221
Portfolio: $156,602
Total Dividends: $31,129
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $8,645 against a total investment of $25,600. At this point, your portfolio is throwing off $1,143 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 $1,515, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $18,796 versus $34,000 invested, nearly a 55% recovery of capital purely from income. Yield on cost reaches 5.40%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $2,460 is greater than total contributions to date ($40,000), and cumulative dividends exceed $29,312.
By year 30, the DRIP snowball is in full force. Yearly income reaches $3,219, cumulative dividends total $43,221, and the DRIP portfolio value stands at $201,526, compared with $156,602 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for IBM, price $239.45, dividend per period $1.68 (4x/year), along with historic growth assumptions: price growth 5.01% 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 and 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:
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 | $239.72 | $239.72 |
| Start Shares | 41.72 | 41.72 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 53.44 | 41.72 |
| Dividends Payment | $9.81 | $9.81 |
| Annual Dividends | $513 | $409 |
| Yield on cost | 5.13% | 4.09% |
| Share Price | $429.85 | $429.85 |
| Total Dividends | $3,938 | $3,472 |
| Final Value | $22,971 | $21,404 |
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.
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 Payments & Yield
Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.
IBM Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 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 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
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.
Share Price
Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.
Price to Earnings
IBM trades at a 102.7x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
IBM trades at a 13.3x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
IBM generated $17.0B in revenue. Revenue has grown by 18% over the period.
Net Income
IBM reported $2.2B in net income. Net income has grown by 53% over the period.
Revenue vs Net Income
IBM generated $17.0B in revenue with net income of $2.2B, representing a 12.9% net profit margin.
Gross Profit
IBM achieved $13.9B in gross profit, showing revenue after direct production costs.
Operating Income
IBM generated $5.9B in operating income, representing profit from core business operations.
EBITDA
IBM generated $6.8B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
IBM generated $2.5B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
IBM generated $1.9B in free cash flow. Free cash flow has increased by 68% over the period.
Free Cash Flow / Share
IBM generates $2.07 in free cash flow per share. FCF per share has grown by 68% over the period.
Earnings Per Share (EPS)
IBM reported $2.36 in earnings per share. EPS has grown by 53% over the period.
Return on Equity (ROE)
IBM delivered a 10.8% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
IBM achieved a 6.5% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
IBM maintains a 12.9% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
IBM operates with a 82.0% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
IBM holds $2.5B in cash against $0.8B in debt, resulting in a net cash position of $1.7B.
Shares Outstanding
IBM has 0.9B shares outstanding.
Stock-Based Comp
IBM reported $0.4B in stock-based compensation. Over the period, stock-based compensation has increased by 18%.
FCF vs Stock Based Comp
IBM generated $1.9B in free cash flow while spending $0.4B on stock-based compensation, representing 22% of FCF.
FCF vs FCF / Share
IBM reported $1.9B in free cash flow, translating to $2.07 per share.
Revenue: Actual + Estimates
This chart tracks IBM revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks IBM eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks IBM net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks IBM ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
