An apparatus for dispensing groups of integrated circuit (IC) packages in a pattern and quantity corresponding to the pattern of unpopulated IC sockets on a printed circuit board. The apparatus includes a plurality of storage racks stacked one on top of another, with each rack corresponding to one row of socket positions on the unpopulated printed circuit board. Each storage rack includes a number of loaded IC dispenser magazines corresponding to the number of positions in that rack's corresponding row of socket positions which are to be populated with IC packages. The storage racks are normally supported at an acute angle which is less than that at which IC packages will slide down the dispenser magazines. The bottom storage rack includes a handle and it is pivotable at its lower end. When the assembler-operator pulls up on the handle, the storage racks are pivoted to an angle at which one component is dispensed from each dispenser magazine. The operator then restores the storage racks to their normal position, thus providing him with a set of IC packages dispensed in a pattern corresponding to the pattern of unpopulated IC sockets on the printed circuit board.