“Flush with billions in cash it simply can’t spend fast enough, Apple has begun the process of issuing its first quarterly dividend to shareholders in 17 years,” Daniel Eran Dilger reports for AppleInsider.
“Apple announced its plans for a new dividend program in March, alongside a $10 billion share buyback program. Each quarter, the company stated it will pay its shareholders a $2.65 per share dividend,” Dilger reports. “Shareholders of record as of Monday August 13 will be paid dividends on Thursday, the company has announced.”
Dilger reports, “Over the next three years, Apple has stated that its buyback and dividend plans will distribute $45 billion from its cash pile. Across the company’s 935 million outstanding shares, the quarterly dividend will amount to nearly $2.5 billion in payments to investors each quarter. ”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
Related articles:
Apple’s dividend will drive shares higher this quarter and beyond; expect higher dividend payouts over time – July 24, 2012
Apple could be the greatest dividend growth stock of all time – May 29, 2012
U.S. Apple investors, beware looming expiration of Bush era tax cuts – March 22, 2012
Valuentum: Expect double-digit dividend growth from Apple for some time to come – March 20, 2012
Apple announces plans to initiate dividend and share repurchase program; expects to spend $45 billion over three years – March 19, 2012
Ka-Ching!
2.5B courtesy of samsung … I hope….Slavish copier….
They should have started much lover and then increased it by a large amount every quarter. Would have pleased investors more. They like when it increases. In my opinion Apple has payed more than enough of dividend through its share price.
I anticipate that this was taken into account and that Apple judges they might be able to spring another 1.1 billion on top of this next year. Thereby increasing dividends at a double digit rate to accompany their growth. It is a way overcome the inevitable slowdown it growth rate as they get even bigger.
+1
Dear Samsung–thanks for funding the 2.5 billion dollar dividend!
Sincerely,
Apple Shareholders
Don’t count your chickens until they’re cashed.
+10
Deriving income from capital, I feel like a real Capitalist now. (if only by a mere fraction..)
Under current law, taxpayers in the 10% and 15% tax brackets don’t pay any taxes on long-term capital gains and qualified dividends, while those in the 25% to 35% tax brackets will pay a 15% tax on long-term capital gains and qualified dividends.
Next year, that is scheduled to change, making the question about Apple and its dividend less academic. Yes, the so-called Bush tax cuts are scheduled to expire.
In 2013, the maximum tax rate will rise to 21.2% on long-term capital gains and 40.8% for short-term capital gains.
In addition, beginning in 2013, the new federal health-care program imposes a 3.8% tax on the investment income, including capital gains, of high-income taxpayers. ‘These two changes would result in a combined 66 2/3% increase in the maximum federal income tax in the long-term capital gains rates on the sale of stock in 2013 compared to a sale in 2012 (a 25% rate compared to a 15% rate).
What’s more, starting in 2013, the distinction between ordinary and qualified dividends will disappear, and all dividends will be subject to the ordinary tax rates, which are scheduled to change in 2013 as well. Absent any legislation, the 10% rate will be collapsed into the 15% rate for 2013; the 25% rate will become 28%; the 28% rate will become 31%; the 33% rate will become 36%; and the 35% rate will become 39.6%.
But, don’t worry, U.S. President Romney knows what drives the economy and creates jobs. He won’t raise taxes on a country mired in years of Obama malaise. And he won’t foist the economy-debilitating Obamacare on the country, either.
It’s time for some common sense. Less government, not more. Less spending, not out-of-control waste.
I’ll be voting Romney-Ryan this November. Eagerly.
Obama’s spending is the lowest in decades:
SHhhhhh… Their tiny heads will explode if confronted with actual facts that don’t fit their narrative. Nuance and critical thinking are not part of the program.
My head certainly didn’t explode. I’d love to see some facts, but that’s merely a graph without any context or explanation, whatsoever. It’s hard to trust it without more information.
Meaningless without an accompanying size of the budget deficit in real, and adjusted dollars as well as based on % of the GDP.
Would also be helpful to see what that money was spent on.
i’ve joined a party that voters from both sides can agree with: the Cocktail Party.
Cheers, mates.
Forbes – that leftist rag
/s
I hope Romney wins, too. Sure, he’ll do all the same things that Obama would have done in a second term, but his rhetoric will differ and he’ll have an ‘R’ next to his name instead of a ‘D’. And that makes a world of difference.
Three points:
You don’t know what Obama will do with taxes; you hyperbolic fear merchants were singing the same song in 2008 and you were wrong.
Obamacare is Romneycare.
The only jobs Romney created are in Shenzhen.
Don’t forget Obama is gonna take all your guns too, this time for sure! LOL.
And I’m certain that Romney created jobs at his accounting firm. It takes a lot of man-power to avoid paying taxes for so long.
+10
What a joke. Wait 17 years and get a 2.50 return. ThAts less than 0.2%. Wow that’s enough for maybe a can of cat food
And you don’t get it at all.
The $ 2.xx. is as a “per individual share”,
Now most Investors don’t own just (1) peice of Stock as your assumption is.
Investor’s own Hundreds of individual Stock options as Apple, and that can add up very quickly.
Most Stock Owners also turn around and reinvest into purchasing more of the same Stock with a payout like this, ” it’s free Stock ” Most dont go out and buy dinner or purchase a can of “Far Ferched Cat food.”
And to be very clear, it’s obvious that you have no idea what Apple just did, you need to educate yourself in the mastery of understanding what you post about, maybe you will learn something in the process, you really need to understand what a significant offering Apple has given its investors.
You no doubt will be paying for your cat food with other monies. I can buy my cat food with the dividend if I choose to.
Apple should save this money($2.5 billion ) to pay samsung over the alleged infringement of samsung tech.
30x Dell market cap is coming. I hope Mikey is watching.
AAPL is now $4.54 from its all time closing high set 9 April 2012.
From what I understand, granted not much, but when a stock goes x-Divedend, the shares decrease by the amount of the cash payout. Yesterday was the day of record but Apple closed up 8.30 instead of down 2.65. What am I missing?
You got it right.
If it hadn’t gone ex-devidient, it might have closed up 10.95 = 8.30 + 2.65
Another thing to add about dividends, and this is VERY IMPORTANT. Don’t accept a dividend check. Instead, tell your stock broker to REINVEST YOUR Apple STOCK DIVIDENDS. Over time, your dividends will compound, buying you more and more shares of Apple stock. You don’t have to add a penny. It will happen on its own.
If you are patient, with reinvested dividends, your investment will multiply. Significantly.
You’re welcome.
Thank you. What happens when you reinvest the dividend and the stock goes down? Think about that! The horror!