International Business Machines As of May 18, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
IBM $6.60 0.6% 0.6% 0.6%
Business yield Hike yrs 5 yr CAGR freq. paid since
Cognitive Solutions & Cloud 5.0% 27 1.9% Quarter 1916
IBM hikes dividend by 0.6%

International Business Machines (IBM) will raise its quarterly dividend by another 0.6 percent to $1.65 per share in 2022. This comes after a similar small hikes of 0.6 percent in 2020 and 2021. This marks the 27th consecutive year of annual dividend increases by the technology company. The 0.6 percent hikes in the last three years are the smallest by the technology giant in the last 25 years.

The next IBM dividend is payable June 10, 2022 to stockholders of record as of May 10, 2022. A new annualized dividend rate of  $6.60 per share yields 4.7% at a stock price of $137.76. IBM will now pay an estimated total of $5.9 billion in dividends to shareholders annually.

Dividend growth has been slowing since 2016, with smaller increases every year. The last time IBM hiked its dividend by double digits was in 2015 with a 18.2 percent increase. This year's dividend hike, matching the 2020 and 2021 hike, is the smallest since IBM started hiking its dividend annually back in 1996.

International Business Machines Corporation (IBM) is a hardware, software and services company  transforming into a cognitive solutions and cloud platform company. IBM offers its clients integrated solutions and products that leverage: data, information technology, deep expertise in industries and business processes, and a broad ecosystem of partners and alliances. The company’s operations consist of five business segments: Cognitive Solutions, Global Business Services, Technology Services & Cloud Platforms, Systems and Global Financing. IBM has paid consecutive quarterly dividends since 1916.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
May 25 XYL 1.5% 7.1%
May 25 AMAT 0.9% 8.3%
May 25 DFS 1.9% 0.0%
May 26 FTV 0.5% 0.0%
May 26 IP 3.8% 0.0%
May 26 HII 2.3% 0.0%
May 26 HLT 0.5% 0.0%
May 26 MAS 2.1% 19.1%
May 26 SPGI 1.0% 10.4%
May 26 FBHS 1.7% 0.0%