On 5/9/23, International Business Machines, United Rentals, and Mueller Water Products will all trade ex-dividend for their respective upcoming dividends. International Business Machines will pay its quarterly dividend of $1.66 on 6/10/23, United Rentals will pay its quarterly dividend of $1.48 on 5/24/23, and Mueller Water Products will pay its quarterly dividend of $0.061 on 5/22/23.
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As a percentage of IBM’s recent stock price of $123.61, this dividend works out to approximately 1.34%, so look for shares of International Business Machines to trade 1.34% lower — all else being equal — when IBM shares open for trading on 5/9/23. Similarly, investors should look for URI to open 0.43% lower in price and for MWA to open 0.42% lower, all else being equal.
Below are dividend history charts for IBM, URI, and MWA, showing historical dividends prior to the most recent ones declared.
International Business Machines:
United Rentals:
Mueller Water Products:
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 5.37% for International Business Machines, 1.74% for United Rentals, and 1.69% for Mueller Water Products.
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In Friday trading, International Business Machines shares are currently up about 0.8%, United Rentals shares are up about 3.8%, and Mueller Water Products shares are up about 6.8% on the day. Other Top Dividends.
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