International Business Machines (XSGO:IBM) Dividend Payout Ratio

: 0.43 (As of Dec. 2023)

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International Business Machines's dividend payout ratio for the months ended in Dec. 2023 was 0.43.

The historical rank and industry rank for International Business Machines's Dividend Payout Ratio or its related term are showing as below:

XSGO:IBM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.48 Max: 0.83
Current: 0.69

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.

XSGO:IBM's Dividend Payout Ratio is ranked worse than
81.22% of 836 companies
in the Software industry
Industry Median: 0.35 vs XSGO:IBM: 0.69

As of today (2024-04-16), the Dividend Yield % of International Business Machines is 4.15%.

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

International Business Machines's Dividends per Share for the months ended in Dec. 2023 was $1.66.

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.

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.

The growth rate is calculated with least square regression.

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

International Business Machines Dividend Payout Ratio Historical Data

The historical data trend for International Business Machines's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

International Business Machines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.50

0.75

0.83

0.72

0.69

International Business Machines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.46	1.21	0.76	0.76	0.43

Competitive Comparison

For the Information Technology Services subindustry, International Business Machines's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Software industry and Technology sector, International Business Machines's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where International Business Machines's Dividend Payout Ratio falls into.

International Business Machines Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	6.63	/	9.62
	=	0.69

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

International Business Machines (XSGO:IBM) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

International Business Machines Dividend Payout Ratio Related Terms

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International Business Machines (XSGO:IBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » International Business Machines Corp (XSGO:IBM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

IBM:USA IBM:Mexico 1IBM:Italy IBMd:UK IBM:UK IBM:Germany IBM:Canada IBMB34:Brazil IBM:Austria IBM:Argentina

Address

One New Orchard Road, Armonk, NY, USA, 10504

Website

http://www.ibm.com

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.