International Business Machines Corporation (NYSE:IBM) to Issue $1.69 Quarterly Dividend

Posted by Francis Steltz on Jul 23rd, 2026

International Business Machines Corporation (NYSE:IBM – Get Free Report) announced a quarterly dividend on Wednesday, July 22nd. Investors of record on Monday, August 10th will be paid a dividend of 1.69 per share by the technology company on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, August 10th.

International Business Machines has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 30 consecutive years. International Business Machines has a dividend payout ratio of 58.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect International Business Machines to earn $13.16 per share next year, which means the company should continue to be able to cover its $6.76 annual dividend with an expected future payout ratio of 51.4%.

International Business Machines Stock Performance

NYSE:IBM opened at $206.03 on Thursday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. The firm has a market cap of $193.64 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 2.27 and a beta of 0.68. The firm’s fifty day moving average price is $263.26 and its 200 day moving average price is $261.42. International Business Machines has a 1-year low of $204.44 and a 1-year high of $332.46.

International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting analysts’ consensus estimates of $2.93. The company had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.48 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. International Business Machines’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.80 EPS. On average, sell-side analysts expect that International Business Machines will post 12.19 EPS for the current year.

Hedge Funds Weigh In On International Business Machines

Several hedge funds and other institutional investors have recently bought and sold shares of IBM. Cornerstone Wealth Management LLC boosted its position in International Business Machines by 5.9% during the second quarter. Cornerstone Wealth Management LLC now owns 46,058 shares of the technology company’s stock worth $12,952,000 after purchasing an additional 2,584 shares in the last quarter. McElhenny Sheffield Capital Management LLC increased its position in shares of International Business Machines by 16.7% in the second quarter. McElhenny Sheffield Capital Management LLC now owns 2,537 shares of the technology company’s stock valued at $713,000 after buying an additional 363 shares in the last quarter. Robbins Farley raised its stake in shares of International Business Machines by 1.9% during the 2nd quarter. Robbins Farley now owns 9,016 shares of the technology company’s stock worth $2,535,000 after buying an additional 167 shares during the last quarter. Capital Advisors Inc. OK raised its stake in shares of International Business Machines by 46.1% during the 2nd quarter. Capital Advisors Inc. OK now owns 363,488 shares of the technology company’s stock worth $102,217,000 after buying an additional 114,709 shares during the last quarter. Finally, ABN Amro Investment Solutions boosted its position in shares of International Business Machines by 26.2% in the 2nd quarter. ABN Amro Investment Solutions now owns 62,692 shares of the technology company’s stock worth $17,630,000 after buying an additional 13,029 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

About International Business Machines

(Get Free Report)

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.