1. IBM Investor Relations
August 2008
1
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (2000 - 2008)
Dividend number Rate per share Payable date Record date
374 .50 9/10/08 8/8/08
373 .50 6/10/08 5/9/08
372 .40 3/10/08 2/8/08
371 .40 12/10/07 11/9/07
370 .40 9/10/07 8/10/07
369 .40 6/9/07 5/10/07
368 .30 3/10/07 2/9/07
367 .30 12/9/06 11/10/06
366 .30 9/9/06 8/10/06
365 .30 6/10/06 5/10/06
364 .20 3/10/06 2/10/06
363 .20 12/10/05 11/10/05
362 .20 9/10/05 8/10/05
361 .20 6/10/05 5/10/05
360 .18 3/10/05 2/10/05
359 .18 12/10/04 11/10/04
358 .18 9/10/04 8/10/04
357 .18 6/10/04 5/10/04
356 .16 3/10/04 2/10/04
355 .16 12/10/03 11/10/03
354 .16 9/10/03 8/8/03
353 .16 6/10/03 5/9/03
352 .15 3/10/03 2/10/03
351 .15 12/10/02 11/8/02
350 .15 9/10/02 8/9/02
349 .15 6/10/02 5/10/02
348 0.14 3/9/02 2/8/02
347 0.14 12/10/01 11/9/01
346 0.14 9/10/01 8/10/01
345 0.14 6/9/01 5/10/01
344 0.13 3/10/01 2/9/01
343 0.13 12/9/00 11/10/00
342 0.13 9/9/00 8/10/00
341 0.13 6/10/00 5/10/00
340 0.12 3/10/00 2/10/00
375 $0.50 12/10/08 11/10/08

2. IBM Investor Relations
May 2008
2
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1990 - 1999)
Dividend number Rate per share Payable date Record date
339 $0.12 12/10/99 11/10/99
338 .12 9/10/99 8/10/99
337 .24 6/10/99 5/10/99
336 .22 3/10/99 2/10/99
335 .22 12/10/98 11/10/98
334 .22 9/10/98 8/10/98
333 .22 6/10/98 5/8/98
332 .20 3/10/98 2/10/98
331 .20 12/10/97 11/10/97
330 .20 9/10/97 8/10/97
329 .40 6/10/97 5/10/97
328 .35 3/10/97 2/10/97
327 .35 12/10/96 11/8/96
326 .35 9/10/96 8/9/96
325 .35 6/10/96 5/10/96
324 .25 3/9/96 2/9/96
323 .25 12/10/95 11/10/95
322 .25 9/10/95 8/10/95
321 .25 6/10/95 5/10/95
320 .25 3/10/95 2/10/95
319 .25 12/10/94 11/10/94
318 .25 9/10/94 8/10/94
317 .25 6/10/94 5/11/94
316 .25 3/10/94 2/10/94
315 .25 12/10/93 11/10/93
314 .25 9/10/93 8/11/93
313 .54 6/10/93 5/12/93
312 .54 3/10/93 2/10/93
311 1.21 12/10/92 11/12/92
310 1.21 9/10/92 8/12/92
309 1.21 6/10/92 5/13/92
308 1.21 3/10/92 2/12/92
307 1.21 12/10/91 11/8/91
306 1.21 9/10/91 8/12/91
305 1.21 6/10/91 5/10/91
304 1.21 3/9/91 2/8/91
303 1.21 12/10/90 11/9/90
302 1.21 9/10/90 8/10/90
301 1.21 6/9/90 5/10/90
300 1.21 3/10/90 2/9/90

3. IBM Investor Relations
May 2008
3
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1980 - 1989)
Dividend number Rate per share Payable date Record date
299 $1.21 12/9/89 11/8/89
298 1.21 9/9/89 8/9/89
297 1.21 6/10/89 5/10/89
296 1.1 3/10/89 2/8/89
295 1.1 12/10/88 11/9/88
294 1.1 9/10/88 8/10/88
293 1.1 6/10/88 5/11/88
292 1.1 3/10/88 2/10/88
291 1.1 12/10/87 11/12/87
290 1.1 9/10/87 8/12/87
289 1.1 6/10/87 5/14/87
288 1.1 3/10/87 2/11/87
287 1.1 12/10/86 11/13/86
286 1.1 9/10/86 8/13/86
285 1.1 6/10/86 5/14/86
284 1.1 3/10/86 2/13/86
283 1.1 12/10/85 11/13/85
282 1.1 9/10/85 5/9/85
281 1.1 6/10/85 5/9/85
280 1.1 3/9/85 2/13/85
279 1.1 12/10/84 11/7/84
278 1.1 9/10/84 8/14/84
277 .95 6/9/84 5/10/84
276 .95 3/10/84 2/9/84
275 .95 12/10/83 11/9/83
274 .95 9/10/83 8/10/83
273 .95 6/10/83 5/11/83
272 .86 3/10/83 2/9/83
271 .86 12/10/82 11/10/82
270 .86 9/10/82 8/11/82
269 .86 6/10/82 5/12/82
268 .86 3/10/82 2/10/82
267 .86 12/10/81 11/10/81
266 .86 9/10/81 8/12/81
265 .86 6/10/81 5/13/81
264 .86 3/10/81 2/11/81
263 .86 12/10/80 11/12/80
262 .86 9/10/80 8/13/80
261 .86 6/10/80 5/14/80
260 .86 3/10/80 2/13/80

4. IBM Investor Relations
May 2008
4
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1970 - 1979)
Dividend number Rate per share Payable date Record date
259 $ .86 12/10/79 11/14/79
258 .86 9/10/79 8/14/79
257 3.44 6/9/79 5/10/79
256 3.44 3/10/79 2/14/79
255 2.88 12/9/78 11/8/78
254 2.88 9/9/78 8/9/78
253 2.88 6/10/78 5/10/78
252 2.88 3/10/78 2/9/78
251 2.5 12/10/77 11/9/77
250 2.5 9/10/77 8/10/77
249 2.5 6/10/77 5/11/77
248 2.5 3/10/77 2/9/77
247 2.25 12/10/76 11/10/76
246 2.25 9/10/76 8/11/76
245 1.75 6/10/76 5/12/76
244 1.75 3/10/76 2/11/76
243 1.75 12/10/75 11/12/75
242 1.75 9/10/75 8/13/75
241 1.5 6/10/75 5/14/75
240 1.5 3/10/75 2/13/75
239 1.5 12/10/74 11/13/74
238 1.5 9/10/74 8/14/74
237 1.28 6/10/74 5/14/74
236 1.28 3/9/74 2/13/74
235 1.12 12/10/73 11/14/73
234 1.12 9/10/73 8/14/73
233 1.4 6/9/73 5/10/73
232 1.4 3/10/73 2/14/73
231 1.35 12/9/72 11/14/72
230 1.35 9/9/72 8/9/72
229 1.35 6/10/72 2/9/72
228 1.35 3/10/72 2/9/72
227 1.3 12/10/71 11/11/71
226 1.3 9/10/71 8/12/71
225 1.3 6/10/71 5/13/71
224 1.3 3/10/71 2/11/71
223 1.2 12/10/70 11/6/70
222 1.2 9/10/70 8/6/70
221 1.2 6/10/70 5/7/70
220 1.2 3/10/70 2/11/70

5. IBM Investor Relations
May 2008
5
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1960 - 1969)
Dividend number Rate per share Payable date Record date
219 $1.00 12/10/69 11/13/69
218 1 9/10/69 8/7/69
217 .80 6/10/69 5/8/69
216 .80 3/10/69 2/13/69
215 .65 12/10/68 11/7/68
214 .65 9/10/68 8/8/68
213 1.3 6/10/68 5/9/68
212 1.3 3/9/68 2/8/68
211 1.1 12/9/67 11/9/67
210 1.1 9/9/67 8/10/67
209 1.1 6/10/67 5/4/67
208 1.1 3/10/67 2/9/67
207 1.1 12/10/66 11/9/66
206 1.1 9/10/66 8/12/66
205 1.1 6/10/66 5/27/66
204 1.5 3/10/66 2/11/66
203 1.5 12/10/65 11/5/65
202 1.5 9/10/65 8/6/65
201 1.5 6/10/65 5/7/65
200 1.5 3/10/65 2/5/65
199 1.25 12/10/64 11/6/64
198 1.25 9/10/64 8/7/64
197 1.25 6/10/64 5/28/64
196 1.25 3/10/64 2/7/64
195 1.25 12/10/63 11/8/63
194 1 9/10/63 8/9/63
193 1 6/10/63 5/10/63
192 1 3/9/63 2/8/63
191 .75 12/10/62 11/9/62
190 .75 9/10/62 8/10/62
189 .75 6/9/62 5/11/62
188 .75 3/10/62 2/9/62
187 .60 12/9/61 11/10/61
186 .60 9/9/61 8/10/61
185 .60 6/10/61 5/26/61
184 .75 3/10/61 2/10/61
183 .75 12/10/60 11/10/60
182 .75 9/10/60 8/10/60
181 .75 6/10/60 5/10/60
180 .75 3/10/60 2/10/60

6. IBM Investor Relations
May 2008
6
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1950 - 1959)
Dividend number Rate per share Payable date Record date
179 $ .60 12/10/59 11/10/59
178 .50 9/10/59 8/11/59
177 .50 6/10/59 5/27/59
176 .65 3/10/59 2/10/59
175 .65 12/10/58 11/10/58
174 .65 9/10/58 8/12/58
173 .65 6/10/58 5/12/58
172 .65 3/10/58 2/10/58
171 .60 12/10/57 11/13/57
170 .60 9/10/57 8/19/57
169 .60 6/10/57 5/21/57
168 1 3/9/57 2/15/57
167 1 12/10/56 11/16/56
166 1 9/10/56 8/17/56
165 1 6/9/56 5/22/56
164 1 3/10/56 2/17/56
163 1 12/10/55 11/18/55
162 1 9/10/55 8/19/55
161 1 6/10/55 5/19/55
160 1 30/10/55 2/17/55
159 1 12/10/54 11/19/54
158 1 9/10/54 8/19/54
157 1 6/10/54 5/18/54
156 1 3/10/54 2/17/54
155 1 12/10/53 11/19/53
154 1 9/10/53 8/19/53
153 1 6/10/53 5/18/53
152 1 3/10/53 2/17/53
151 1 12/10/52 11/18/52
150 1 9/10/52 8/19/52
149 1 6/10/52 5/19/52
148 1 3/10/52 2/18/52
147 1 12/10/51 11/20/51
146 1 9/10/51 8/17/51
145 1 6/9/51 5/18/51
144 1 3/10/51 2/16/51
143 1 12/9/50 11/17/50
142 1 9/9/50 8/18/50
141 1 6/9/50 5/22/50
140 1 3/10/50 2/17/50

7. IBM Investor Relations
May 2008
7
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1940 - 1949)
Dividend number Rate per share Payable date Record date
139 $1.00 12/10/49 11/22/49
138 1 9/10/49 8/22/49
137 1 6/10/49 5/20/49
136 1 3/10/49 2/18/49
135 1 12/10/48 11/23/48
134 1 9/10/48 8/20/48
133 1 6/10/48 5/21/48
132 1 3/10/48 2/19/48
131 1.5 12/10/47 11/20/47
130 1.5 9/10/47 8/22/47
129 1.5 6/10/47 5/22/47
128 1.5 3/10/47 2/21/47
127 1.5 12/10/46 11/21/46
126 1.5 9/10/46 8/22/46
125 1.5 6/10/46 5/22/46
124 1.5 3/11/46 2/21/46
123 1.5 12/10/45 11/30/45
122 1.5 9/10/45 8/22/45
121 1.5 6/9/45 5/22/45
120 1.5 3/10/45 2/21/45
119 1.5 12/9/44 11/29/44
118 1.5 9/9/44 8/22/44
117 1.5 6/10/44 5/22/44
116 1.5 3/10/44 2/21/44
115 1.5 12/10/43 11/30/43
114 1.5 9/10/43 8/20/43
113 1.5 6/10/43 5/21/43
112 1.5 4/10/43 2/19/43
111 1.5 12/22/42 12/11/42
110 1.5 10/10/42 9/22/42
109 1.5 7/10/42 6/22/42
108 1.5 4/10/42 3/23/42
107 1.5 12/23/41 12/12/41
106 1.5 10/10/41 9/22/41
105 1.5 7/10/41 6/20/41
104 1.5 4/10/41 3/21/41
103 1.5 12/21/40 12/15/40
102 1.5 10/10/40 9/23/40
101 1.5 7/10/40 6/21/40
100 1.5 4/10/40 4/1/40

8. IBM Investor Relations
May 2008
8
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1930 - 1939)
Dividend number Rate per share Payable date Record date
99 $1.50 12/22/39 12/15/39
98 1.5 10/10/39 9/22/39
97 1.5 7/10/39 6/22/39
96 1.5 4/10/39 4/1/39
95 1.5 12/23/38 12/15/38
94 1.5 10/10/38 9/22/38
93 1.5 7/11/38 6/22/38
92 1.5 4/11/38 4/1/38
91 1.5 12/23/37 12/15/37
90 1.5 10/9/37 9/22/37
89 1.5 7/10/37 6/22/37
88 1.5 4/10/37 3/22/37
87 1.5 12/21/36 12/15/36
86 1.5 10/10/36 9/22/36
85 1.5 7/10/36 6/20/36
84 1.5 4/10/36 3/20/36
83 1.5 1/10/36 12/20/35
82 1.5 10/10/35 9/21/35
81 1.5 7/10/35 6/21/35
80 1.5 4/10/35 3/21/35
79 1.5 1/10/35 12/22/34
78 1.5 10/10/34 9/21/34
77 1.5 7/10/34 6/22/34
76 1.5 4/10/34 3/22/34
75 1.5 1/10/34 12/22/33
74 1.5 10/10/33 9/22/33
73 1.5 7/10/33 6/22/33
72 1.5 4/10/33 3/22/33
71 1.5 1/10/33 12/22/32
70 1.5 10/10/32 9/22/32
69 1.5 7/11/32 6/22/32
68 1.5 4/11/32 3/22/32
67 1.5 1/11/32 12/21/31
66 1.5 10/10/31 9/22/31
65 1.5 7/10/31 6/20/31
64 1.5 4/10/31 3/21/31
63 1.5 1/10/31 12/20/30
62 1.5 10/10/30 9/22/30
61 1.5 7/10/30 6/20/30
60 1.5 4/10/30 3/21/30

9. IBM Investor Relations
May 2008
9
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1920 - 1929)
Dividend number Rate per share Payable date Record date
59 $1.50 1/10/30 12/21/29
58 1.25 10/10/29 9/22/29
57 1.25 7/10/29 6/22/29
56 1.25 4/10/29 3/22/29
55 1.25 1/10/29 12/28/28
54 1.25 10/10/28 9/22/28
53 1.25 7/10/28 6/22/28
52 1.25 4/10/28 3/22/28
51 1.25 1/10/28 12/21/27
50 1 10/10/27 9/22/27
49 1 7/11/27 6/23/27
48 1 4/11/27 3/23/27
47 1 1/10/27 12/22/26
46 .75 10/11/26 9/24/26
45 .75 7/10/26 6/22/26
44 .75 4/10/26 3/23/26
43 2 1/10/26 12/22/25
42 2 10/10/25 9/24/25
41 2 7/10/25 6/24/25
40 2 4/10/25 3/23/25
39 2 1/10/25 12/23/24
38 2 10/10/24 9/23/24
37 2 7/10/24 6/25/24
36 2 4/10/24 3/25/24
35 1.5 1/10/24 12/21/23
34 1.5 10/10/23 9/26/23
33 1.5 7/10/23 6/22/23
32 1.5 4/10/23 3/25/23
31 1.5 1/10/23 12/23/22
30 1.5 10/10/22 9/25/22
29 1.5 7/10/22 6/24/22
28 1 4/10/22 3/25/22
27 1 1/10/22 12/23/21
26 1 10/10/21 9/25/21
25 1 7/11/21 6/24/21
24 1 4/11/21 3/25/21
23 1 1/10/21 12/24/20
22 1 10/11/20 9/24/20
21 1 7/10/20 6/25/20
20 1 4/10/20 3/25/20

10. IBM Investor Relations
May 2008
10
IBM’s dividends are normally paid on the 10th of March, June, September and December. The dividend
record date normally precedes the dividend payment date by approximately one month.
Dividends (1913 - 1919)
Dividend number Rate per share Payable date Record date
19 $1.00 1/10/20 12/24/19
18 1 10/10/19 9/25/19
17 1 7/10/19 6/24/19
16 1 4/10/19 3/15/19
15 1 1/10/19 12/24/18
14 1 10/10/18 9/26/18
13 1 7/10/18 6/25/18
12 1 4/10/18 3/25/18
11 1 1/10/18 12/23/17
10 1 10/10/17 9/25/17
9 1 7/10/17 6/25/17
8 1 4/10/17 3/24/17
7 1 1/10/17 12/23/16
6 1 10/10/16 9/25/16
5 1 7/10/16 6/24/16
4 1 4/10/16 3/25/16
3 1 10/10/13 9/30/13
2 1 7/10/13 6/30/13
1 1 4/10/13 3/31/13