International Business Machines Corporation

IBM
TechnologyDividend Aristocrat
$302.05
2.23%Overvalued

International Business Machines Corporation (IBM) is a Technology company that currently yields 2.23% — 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 $245.06. 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. $245.06

Distance to undervalued

Entry price is stretched

Needs 66.3% downside to reach the Weiss buy zone

Undervaluation starts near $101.85, where the annual dividend would imply roughly 6.61% yield. That is 4.38% above today's yield.

Buy-zone price

$101.85

Target yield

6.61%

Research checklist

What to clear before buying the yield

Updated Jul 9, 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

2026-07-082026-07-09

Price

-1.3%

$306.13 $302.05

Price fell 1.3% since the prior snapshot.

Why Now?

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

Current yield 2.2% vs historical max 6.3% (35% 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

$226

Year 10 Income

$320

Yield on Cost

3.28%

Total Income

$2,702

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

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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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$302.05
Annual Dividend$6.73
Current Yield2.23%
Yield — Max (10Y)6.33%
Yield — Min (10Y)2.68%
Undervalued Below$101.85
Overvalued Above$245.06
Payout Ratio59.47%
CAGR Dividend 5Y1.5%
CAGR Dividend 10Y3.4%
Years No Cut14y

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25
consecutive years of dividend growth