“Apple paid out a $2.65 per share dividend on August 16, 2012 to shareholders on record as of August 13, 2012. Apple stock traded for $614.25 upon delivery of this dividend,” Kofi Bofah writes for Wall Street Cheat Sheet. “At this level, Apple offered its investors 1.73 percent in dividend yield.”
“On April 23, 2013, Apple declared that it would be raising its quarterly dividend by 15.1 percent from $2.65 to $3.05 for shareholders on record as of May 13, 2013,” Bofah writes. “Over the course of one year, Apple’s $3.05 quarterly dividend ultimately calculated out to yield 2.3 percent.”
“Going forward, Apple shareholders may expect the company to raise its dividend by 10 percent heading into the next quarterly cycle,” Bofah writes. “The 10 percent increase would result in a $3.35 quarterly dividend, which would also calculate out to a 2.5 percent yield.”
Read more in the full article here.
Shouldn’t that Dividend be $10.10?
$20.20 would be better.
Everyone knows that $90.90 would really help the economy!!
I’d rather have a stock split and then the price go up
If the stock split 10 for 1, the price of a contract for options would also drop to a value that would allow more speculators to move the stock price. For some, that would be a good thing but small ‘buy and hold’ investors would suffer.
Why would Apple split the stock when they’ve been spending billions to buy back stock.
Certainly makes up for the blindsiding temporary hit, till AAPL resumes it’s rise above 700, which is just a matter of time.
I’m interested in the buyback part of the equation. If the stock declines close to 500 again, does Apple make a big outright purchase again (along with a dividend increase). Seems like it will be difficult for the stock to move below 500 from this point forward.
Get ready to zzzzzzzz.