International Business Machines Corporation

IBM
TechnologyDividend Aristocrat
$253.84
2.65%Overvalued

International Business Machines Corporation (IBM) is a Technology company that currently yields 2.65% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $101.85 and the overvaluation threshold at $239.62. International Business Machines Corporation holds a quality score of 50/100 (Average), reflecting 25 consecutive years of dividend growth with a 59% payout ratio. The 5-year dividend CAGR stands at 1.5%.

IBM Dividend Yield History — Weiss Valuation

Underval. $101.85Overval. $239.62

Distance to undervalued

Entry price is stretched

Needs 59.9% downside to reach the Weiss buy zone

Undervaluation starts near $101.85, where the annual dividend would imply roughly 6.61% yield. That is 3.96% above today's yield.

Buy-zone price

$101.85

Target yield

6.61%

Research checklist

What to clear before buying the yield

Updated May 25, 2026

Dividend durability

25Y

Long dividend history supports a deeper look.

Earnings payout

59%

Earnings coverage leaves room for noise.

Cash payout

49%

Free cash flow coverage supports the payment.

Dividend growth

1.5%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-05-232026-05-25

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

International Business Machines Corporation is trading near its historical overvaluation band.

Current yield 2.7% vs historical max 6.3% (42% of maximum).

14 consecutive years without a dividend cut.

Conservative payout ratio of 59%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 50/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

IBM Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$269

Year 10 Income

$397

Yield on Cost

4.09%

Total Income

$3,284

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

IBM Dividend Quality Score

Quality Score

50/ 100

Average

Payout Ratio12/25
Dividend Streak20/25
Growth (CAGR 5Y)3/20
Yield vs History0/15
FCF Coverage15/15

Key Metrics

Current Price$253.84
Annual Dividend$6.73
Current Yield2.65%
Yield — Max (10Y)6.33%
Yield — Min (10Y)2.69%
Undervalued Below$101.85
Overvalued Above$239.62
Payout Ratio59.47%
CAGR Dividend 5Y1.5%
CAGR Dividend 10Y3.4%
Years No Cut14y

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25
consecutive years of dividend growth