On 8/7/20, International Business Machines, Apple and W.W. Grainger will all trade ex-dividend for their respective upcoming dividends. International Business Machines will pay its quarterly dividend of $1.63 on 9/10/20, Apple will pay its quarterly dividend of $0.82 on 8/13/20, and W.W. Grainger will pay its quarterly dividend of $1.53 on 9/1/20.
As a percentage of IBM’s recent stock price of $126.41, this dividend works out to approximately 1.29%, so look for shares of International Business Machines to trade 1.29% lower — all else being equal — when IBM shares open for trading on 8/7/20. Similarly, investors should look for AAPL to open 0.19% lower in price and for GWW to open 0.45% lower, all else being equal.
Below are dividend history charts for IBM, AAPL, and GWW, showing historical dividends prior to the most recent ones declared.
International Business Machines: