“Apple sells electronic and mobility products, and software. AAPL recently traded at $576,8 and gained 44% during the past 12 months. Its top-selling products include iPhone, iPad, iPod and Mac,” DividendInvestr reports. “These have seen explosive growth over the past several years, which has boosted the company’s EPS growth to as much as 65% per year over the past five years.”
“High EPS growth rate is projected to be sustained in the future at 21% per year for the next five years. Apple will start paying a quarterly dividend this quarter. At current prices, the annualized dividend will yield 1.9% on a payout ratio of 26%,” DividendInvestr reports. “he stock has a market cap of $540.7 billion, P/E ratio of 13.1 and Total Debt/Equity ratio of 0… Billionaires David Einhorn, Stephen Mandel, and Jim Simons are also fans of the stock.”
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