To divide into portions or chunks; to ration.(verb)
Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License
Use "parcel out" in a sentence
"Thompson takes Ralph Stayne as the Betty, and the rest of you parcel out among you the boy in his grandfather’s role as the Fool and the other four sons as the four remaining dancers."
"I took out the tiny handkerchief-wrapped object, dropped into a squat on the floor, and opened the cloth parcel out on the floorboards."