“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.