On August 9, 2024, Charles Schwab, Premier Financial, and International Business Machines will all trade ex-dividend for their upcoming dividends. Charles Schwab will pay its quarterly dividend of $0.25 on August 23, Premier Financial will pay its quarterly dividend of $0.31 on August 16, and International Business Machines will pay its quarterly dividend of $1.67 on September 10.
As a percentage of SCHW’s recent stock price of $62.80, this dividend works out to approximately 0.40%, so look for shares of Charles Schwab to trade 0.40% lower when SCHW shares open for trading on August 9. Similarly, investors should look for PFC to open 1.31% lower in price and for IBM to open 0.89% lower, all else being equal.
Dividend history charts for SCHW, PFC, and IBM show historical dividends prior to the most recent ones declared. These charts can help investors get a sense of the stability of dividend payments over time, which can be useful in forming expectations for future annual yields. The current estimated yields on an annualized basis would be 1.59% for Charles Schwab, 5.25% for Premier Financial, and 3.58% for International Business Machines if the dividends continue.
In Wednesday trading, Charles Schwab shares are up about 0.8%, Premier Financial shares are down about 0.6%, and International Business Machines shares are up about 1.9% on the day. These price movements are indicative of the market reacting to the upcoming ex-dividend dates and dividend payments for these companies.
Dividends are not always predictable and can fluctuate based on company profits over time. Investors can use historical dividend data to judge the likelihood of a company continuing to pay dividends in the future. Joining the income investing conversation on platforms like ValueForum.com can provide investors with valuable insights and information for making informed investment decisions regarding dividend-paying stocks.
