International Business Machines Corporation (NYSE:IBM) is included among the 11 Innovative Dividend Stocks to Buy Now.
A closeup of a woman’s hands typing rapidly on a laptop in a corporate office setting.
The global technology company, which first gained attention for its punch card machines, successfully adapted to the rise of digital computers as they became the industry norm. Over the years, it has made significant strides in areas such as software, computer memory, databases, personal computing, and more recently, cognitive computing. These groundbreaking developments played a key role in shaping billion-dollar businesses.
International Business Machines Corporation (NYSE:IBM) holds a solid market position thanks to its long-standing focus on innovation and extensive industry knowledge, both of which support clients in successfully adopting and expanding AI. Its generative AI segment has seen steady growth and has now surpassed $7.5 billion.
International Business Machines Corporation (NYSE:IBM) has raised its payouts consistently for 30 years, which makes it a Dividend Aristocrat. The company currently offers a quarterly dividend of $1.68 per share and has a dividend yield of 2.55%, as of July 28.
While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.