Apple Inc. Common Stock AAPL: Dividends, Current Yield, and Historical Dividend
Dividend History
Apple Inc. has a rich history of paying dividends to its shareholders. The company first began paying dividends in 1987, and has increased its dividend every year since 2012.
Current Yield
As of May 2023, Apple's annual dividend yield is approximately 0.51%. This is calculated by dividing the annual dividend per share by the current stock price.
Historical Dividend
The following table shows Apple's dividend history over the past five years:
| Year | Dividend per Share | |---|---| | 2022 | $0.92 | | 2021 | $0.82 | | 2020 | $0.77 | | 2019 | $0.63 | | 2018 | $0.47 |As you can see, Apple's dividend has grown steadily over time. This is a testament to the company's strong financial performance and commitment to rewarding its shareholders.
Dividend Outlook
Apple is expected to continue increasing its dividend in the future. The company generates a significant amount of free cash flow, which it can use to fund dividend payments and other investments.
Factors that could affect Apple's dividend policy include changes in the company's financial performance, the overall economic environment, and tax laws.
Conclusion
Apple Inc. is a dividend aristocrat, which means it has increased its dividend every year for at least 25 consecutive years. The company has a strong financial track record and is committed to rewarding its shareholders. As a result, Apple's stock is an attractive option for investors seeking dividend income.
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