Apple, Parker Hannifin And Bread Financial

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On 11/10/23, Apple, Parker Hannifin, and Bread Financial Holdings will all trade ex-dividend for their respective upcoming dividends. Apple will pay its quarterly dividend of $0.24 on 11/16/23, Parker Hannifin will pay its quarterly dividend of $1.48 on 12/1/23, and Bread Financial Holdings will pay its quarterly dividend of $0.21 on 12/15/23.

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As a percentage of AAPL’s recent stock price of $183.17, this dividend works out to approximately 0.13%, so look for shares of Apple Inc to trade 0.13% lower — all else being equal — when AAPL shares open for trading on 11/10/23. Similarly, investors should look for PH to open 0.36% lower in price and for BFH to open 0.73% lower, all else being equal.

Below are dividend history charts for AAPL, PH, and BFH, showing historical dividends prior to the most recent ones declared.

Apple:

Parker Hannifin:

Bread Financial Holdings:

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 0.52% for Apple, 1.44% for Parker Hannifin, and 2.93% for Bread Financial Holdings.

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In Wednesday trading, Apple shares are currently up about 0.7%, Parker Hannifin shares are up about 0.7%, and Bread Financial Holdings shares are down about 0.2% on the day.

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