Apple adds yet another title: Largest dividend payer in S&P 500

“The world’s biggest company just became the biggest source of dividends in the Standard & Poor’s 500 Index,” Joseph Ciolli reports for Bloomberg.

“Apple Inc. raised its dividend by 10.6 percent to $2.08, putting it on the hook for about $12.1 billion in annual payments, according to data compiled by Bloomberg and S&P,” Ciolli reports. “That eclipses the $11.6 billion sent out in dividends each year by Exxon Mobil Corp., the previous title holder.”

“Apple’s $50 billion increase in its buyback authorization boosted the total repurchases announced by American companies to a record $133.6 billion in April, data compiled by Birinyi Associates Inc. show,” Ciolli reports. “So far this year, buybacks have amounted to almost $400 billion, with February, March and April accounting for three out of the four busiest months ever.”

Read more in the full article here.

MacDailyNews Take: For context, as recently as 2009, Apple’s annual net income did not exceed $12.1 billion ($5.7 billion in 2009… $39.51 billion in 2014).

12 Comments

    1. Nothing at all difficult to figure out with those two articles. Ciolli is referring to Apple as the company that is making the biggest total dividend payment to be split amongst it’s shareholders ( he estimated $12.1 billion in total ). Ciura was talking about the percentage increase in dividend per share and hoping that each share would attract a higher dividend payment.

      Both authors are correct in what they say, they’re simply talking about different aspects of Apple’s dividend payments.

    2. No matter what Apple does for Wall Street, there will always be dissatisfied investors ready to sell off their Apple stock and personally I still think it’s foolish.

      This week is no indicator that Apple is doing anything right, so toss it aside and look towards brighter days as Apple repurchases more shares.

    1. All companies with shareholders should pay out 80% of the profits.”It’s the shareholders money”.
      And before you start crying about how this would hurt the company, realize that in order for the company to retain more of the money all they have to do is own more shares. This 1.5%, 2%, 3% is nuts. The company gets to keep 98.5%, for what? Rock star CEOs? (not just Apple I speak of) Pay the money out, quit trying to convince me how much better off I am by letting someone else have my money. As I have said before, let me worry about mt taxes.
      I realize so many other don’t agree with me, cause tax liability, growth company, blah, blah, blah, so let’s have an op out policy. Those that don’t want their 80% of the profits can tell the company, they are invested in, and the company can keep that money with the understanding that you will never take a dividend you will make your money when you sell your shares.

  1. Typical …. Some good comments, some not so ….

    Bottom line is Apple is a great company and when your at the top there will ALWAYS be folks trying to take it down a notch ….. Others trying to help Apple reach even higher!

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