15 Dividend Stocks to Buy for Steady Income

8. International Business Machines Corporation (NYSE:IBM)

Dividend Yield as of March 19: 2.70%

On March 19, BMO Capital lowered its price recommendation on International Business Machines Corporation (NYSE:IBM) to $290 from $350. It reiterated a Market Perform rating on the shares. The firm said it does not see enough upside to turn more constructive at this point. It still views IBM’s broad product portfolio, AI positioning, and quantum efforts as factors that help reduce volatility. BMO also noted that the lower price target reflects compression in Software and IT Services multiples.

On March 16, IBM announced at GTC 2026 an expanded collaboration with NVIDIA Corporation aimed at helping enterprises scale AI. The partnership focuses on GPU-native data analytics, intelligent document processing, on-premises and regulated infrastructure, cloud, and consulting. The goal is to give companies the tools and support needed to move AI from pilot programs into full production. Many enterprises are investing heavily in AI, yet progress often stalls before reaching scale. Data can be fragmented and hard to access. Infrastructure is not always built for advanced AI workloads.

There are also compliance and data residency requirements, especially in regulated industries. In some cases, companies still need guidance on how to deploy these systems effectively. IBM and NVIDIA are positioning this collaboration to address those gaps.

International Business Machines Corporation (NYSE:IBM) provides hybrid cloud, artificial intelligence, and consulting services. Its operations are organized into Software, Consulting, Infrastructure, and Financing segments.