On 8/9/24, Charles Schwab, Premier Financial, and International Business Machines will all trade ex-dividend for their respective upcoming dividends. Charles Schwab will pay its quarterly dividend of $0.25 on 8/23/24, Premier Financial will pay its quarterly dividend of $0.31 on 8/16/24, and International Business Machines will pay its quarterly dividend of $1.67 on 9/10/24.
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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 — all else being equal — when SCHW shares open for trading on 8/9/24. 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.
Below are dividend history charts for SCHW, PFC, and IBM, showing historical dividends prior to the most recent ones declared.
Charles Schwab:
Premier Financial:
International Business Machines:
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 1.59% for Charles Schwab , 5.25% for Premier Financial, and 3.58% for International Business Machines.
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In Wednesday trading, Charles Schwab shares are currently up about 0.8%, Premier Financial shares are off about 0.6%, and International Business Machines shares are up about 1.9% on the day
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