On 2/9/21, International Business Machines, Rollins and Parker Hannifin will all trade ex-dividend for their respective upcoming dividends. International Business Machines Corp will pay its quarterly dividend of $1.63 on 3/10/21, Rollins, Inc. will pay its quarterly dividend of $0.08 on 3/10/21, and Parker Hannifin Corp will pay its quarterly dividend of $0.88 on 3/5/21.
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As a percentage of IBM’s recent stock price of $120.89, this dividend works out to approximately 1.35%, so look for shares of International Business Machines to trade 1.35% lower — all else being equal — when IBM shares open for trading on 2/9/21. Similarly, investors should look for ROL to open 0.21% lower in price and for PH to open 0.32% lower, all else being equal.
Below are dividend history charts for IBM, ROL, and PH, showing historical dividends prior to the most recent ones declared.
International Business Machines:
IBM
Rollins:
ROL
Parker Hannifin:
PH
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.39% for International Business Machines, 0.86% for Rollins, and 1.27% for Parker Hannifin.
In Friday trading, International Business Machines shares are currently down about 0.1%, Rollins, shares are up about 0.5%, and Parker Hannifin shares are up about 3.4% on the day. Other Top Rated Dividend Stocks can be found at Top Dividends.
