IBM Ex-Dividend Date & Dividend Calculator

International Business Machines (IBM) is a high-yield quarterly name at a dividend yield of 2.9%. A stable business base and free cash flow (FCF) are what sustain a high payout, and an excessively high payout ratio carries dividend-cut risk.

When investing in high-yield names, check dividend safety (a dividend safety score) and the last 5 years of payment history, not just the headline yield. See the complete dividend-types guide and DCA vs. lump-sum investing.

Product structure — IBM (an IT company that has pivoted toward enterprise software and consulting) is classified under high yield. It's classified as an individual high-yield name — unlike an ETF, its board decides and announces the dividend amount each quarter directly.

Payout mechanics — IBM pays quarterly at 2.9% (as of 2026.09.06); payments has stayed very stable payment to payment (variability score 0.00). As of now, IBM's payment history isn't volatile enough to be classified as variable-dividend. The per-payment amount is about $1.6900, paid roughly 4 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. IBM's $1.6900 per-payment figure is a snapshot, not a recommendation — weigh it against your own research before acting.

Risk to watch — High-yield names tend to move more with credit and rate conditions than the broader market — that's part of why the yield sits where it does. The next ex-dividend date is officially listed as 2026-08-10 — you must hold shares through the prior trading day's close to receive this payment. See the high-yield ETF tax guide and run the numbers in the 5-year simulator. IBM holders should watch which direction the $1.6900 per-payment figure moves over time — a trend across several payments matters more than any single number.

Summary — International Business Machines pays $1.6900 per quarterly period. At 4 payments a year that annualizes to roughly $6.76, a simple projection that assumes no change to the current payment. It's easy to anchor on the headline yield alone, but for IBM the fact that payments has stayed very stable payment to payment (variability score 0.00) is the more useful signal for what to expect period to period. If you're holding or considering IBM, treat this $1.6900 per-payment figure as a reference point rather than a buy/hold signal — not a conclusion from one snapshot.