Robert Allan Schwartz's dividend growth company information web site

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Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: INTL BUSINESS MACHINES CORP (IBM)

This page shows only data up to the final business day of 2017.

Additional financial information for this company can be found at:
Total number of dividends paid: 163.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly163
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January0
February0
March41
April0
May0
June41
July0
August0
September41
October0
November0
December40

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

Companies that declare a dividend late in one calendar year, might pay it early in the next calendar year.
This page will show both dividends declared per year, as well as dividends paid per year, in case the latter makes it look as if there was a freeze or a decrease.
The second column shows dividends declared per year.
The third column shows the increase in dividends declared from one year to the next.
The fourth column shows dividends paid per year.
The fifth column shows the increase in dividends paid from one year to the next.

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends declaredIncrease from previous yearDividends paidIncrease from previous yearCompound annual growth rate to 2017 fromBumpiness to 2017 fromMean to 2017 fromStandard deviation to 2017 from
1977$ 0.80500 (5)$ 0.62500 (4) 5.773% 188.059%18.492
1978$ 0.75500 (4) -6.211%$ 0.72000 (4) 15.200% 5.542% 197.876%18.692
1979$ 0.64500 (3) -14.570%$ 0.86000 (4) 19.444% 5.198% 197.571%18.840
1980$ 0.86000 (4) 33.333%$ 0.86000 (4)NO CHANGE 5.343% 197.776%19.052
1981$ 0.86000 (4)NO CHANGE$ 0.86000 (4)NO CHANGE 5.495% 197.992%19.270
1982$ 0.86000 (4)NO CHANGE$ 0.86000 (4)NO CHANGE 5.656% 198.220%19.495
1983$ 0.92750 (4) 7.849%$ 0.92750 (4) 7.849% 5.593% 208.231%19.779
1984$ 1.02500 (4) 10.512%$ 1.02500 (4) 10.512% 5.447% 208.162%20.073
1985$ 1.10000 (4) 7.317%$ 1.10000 (4) 7.317% 5.389% 208.188%20.383
1986$ 1.10000 (4)NO CHANGE$ 1.10000 (4)NO CHANGE 5.568% 218.453%20.656
1987$ 1.10000 (4)NO CHANGE$ 1.10000 (4)NO CHANGE 5.759% 218.734%20.938
1988$ 1.10000 (4)NO CHANGE$ 1.10000 (4)NO CHANGE 5.963% 219.036%21.232
1989$ 1.18250 (4) 7.500%$ 1.18250 (4) 7.500% 5.908% 229.090%21.606
1990$ 1.21000 (4) 2.326%$ 1.21000 (4) 2.326% 6.043% 229.341%21.963
1991$ 1.21000 (4)NO CHANGE$ 1.21000 (4)NO CHANGE 6.283% 229.700%22.303
1992$ 1.21000 (4)NO CHANGE$ 1.21000 (4)NO CHANGE 6.542% 2310.088%22.658
1993$ 0.39500 (4) -67.355%$ 0.39500 (4) -67.355% 11.925% 1713.315%16.568
1994$ 0.25000 (4) -36.709%$ 0.25000 (4) -36.709% 14.734% 1315.490%13.149
1995$ 0.25000 (4)NO CHANGE$ 0.25000 (4)NO CHANGE 15.453% 1316.194%13.014
1996$ 0.32500 (4) 30.000%$ 0.32500 (4) 30.000% 14.802% 1315.537%12.958
1997$ 0.38750 (4) 19.231%$ 0.38750 (4) 19.231% 14.585% 1315.352%13.251
1998$ 0.43000 (4) 10.968%$ 0.43000 (4) 10.968% 14.779% 1415.583%13.556
1999$ 0.47000 (4) 9.302%$ 0.47000 (4) 9.302% 15.091% 1415.932%13.844
2000$ 0.51000 (4) 8.511%$ 0.51000 (4) 8.511% 15.490% 1416.368%14.125
2001$ 0.55000 (4) 7.843%$ 0.55000 (4) 7.843% 15.986% 1416.901%14.393
2002$ 0.59000 (4) 7.273%$ 0.59000 (4) 7.273% 16.591% 1517.543%14.641
2003$ 0.63000 (4) 6.780%$ 0.63000 (4) 6.780% 17.326% 1518.312%14.860
2004$ 0.70000 (4) 11.111%$ 0.70000 (4) 11.111% 17.818% 1518.865%15.281
2005$ 0.78000 (4) 11.429%$ 0.78000 (4) 11.429% 18.367% 1619.485%15.747
2006$ 1.10000 (4) 41.026%$ 1.10000 (4) 41.026% 16.497% 1517.527%14.983
2007$ 1.50000 (4) 36.364%$ 1.50000 (4) 36.364% 14.677% 1415.643%14.419
2008$ 1.90000 (4) 26.667%$ 1.90000 (4) 26.667% 13.417% 1514.418%14.697
2009$ 2.15000 (4) 13.158%$ 2.15000 (4) 13.158% 13.449% 1614.576%15.582
2010$ 2.50000 (4) 16.279%$ 2.50000 (4) 16.279% 13.051% 1714.333%16.643
2011$ 2.90000 (4) 16.000%$ 2.90000 (4) 16.000% 12.566% 1814.055%17.962
2012$ 3.30000 (4) 13.793%$ 3.30000 (4) 13.793% 12.323% 2014.107%19.676
2013$ 3.70000 (4) 12.121%$ 3.70000 (4) 12.121% 12.373% 2214.604%21.970
2014$ 4.25000 (4) 14.865%$ 4.25000 (4) 14.865% 11.555% 2514.516%25.368
2015$ 5.00000 (4) 17.647%$ 5.00000 (4) 17.647% 8.628% 3112.951%30.951
2016$ 4.10000 (3) -18.000%$ 4.10000 (3) -18.000% 43.902% 043.902%0.000
2017$ 5.90000 (4) 43.902%$ 5.90000 (4) 43.902%

What price should you pay today if you wanted last year's dividends ($ 5.90000) to represent a yield of X%?

YieldPrice
0.5%$1180.00
1.0%$590.00
1.5%$393.33
2.0%$295.00
2.5%$236.00
3.0%$196.67
3.5%$168.57
4.0%$147.50
4.5%$131.11
5.0%$118.00
5.5%$107.27
6.0%$ 98.33
6.5%$ 90.77
7.0%$ 84.29
7.5%$ 78.67
8.0%$ 73.75
8.5%$ 69.41
9.0%$ 65.56
9.5%$ 62.11
10.0%$ 59.00

Copyright @ 2018 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.