Apple has become a dividend powerhouse. At the end of October, upon announcing record September quarter revenue of $64.7 billion, Apple’s Board of Directors has declared a cash dividend of $0.205 per share of the company’s common stock.
Danny Vena for The Motley Fool:
One of the key portions of my portfolio that as far as dividend payers goes is Apple. Apple stock wasn’t even a dividend payer when I first added Apple to my portfolio a decade or more ago, I think. Apple first started paying its dividend back in 2012 and since then has become something of a dividend powerhouse.
I’m sure many investors recall that when Steve Jobs was at the helm, he was firmly against paying dividends to investors. He preferred to put all of the Apple’s money into the growth of the business and look forward to the future, and had received a lot of pressure from a number of different quarters about potentially paying a dividend. After Steve Jobs was no longer with Apple and sadly no longer with us, such a genius and such an innovator, then Tim took the helm and Tim Cook decided that paying dividend was a way to go.
Boy, I’ll tell you what a solid dividend payer Apple has become over the last few years…
MacDailyNews Take: Apple is a dividend powerhouse that just keeps growing!
Whilst the rate of return is quite low for the Apple dividend, it is a bonus for a growth stock like AAPL.
Even with my holdings, the dividend does not provide sufficient income to live off but it is a nice way to reinvest and growth the number of shares. I estimated a few years back that over the last 6-8 years I have increase the # of shares by ~10% through dividend reinvestment. This will pay off handsomely when i get to retire or sell if the stock continues to grow as now.
Not sure I agree with this.
I hold over 2,200 share of Apple stock. The last reivensted dividend earned me 3.85 shares,
A powerhouse feeding 20 billion circuits 20 watts each. Enough to run two meh LED bulbs. I don’t mind the dividend, but this is peanuts compared to the capital I have tied up.
EMD pays $0.095 per share per month. I think apple is better for growth than dividends.
Im really happy with First Energy (FE) dividend and Apple divi is a bonus.
“Powerhouse”? That’s a little over the top. It’s hardly a ticker that people chose BECAUSE of the divi. Plus, the yield could show a little more correlation to earnings growth.
But hey, its growth multiples over the years just make the divi a cherry on a very big top.
I’d hardly call Apple a dividend powerhouse. Apple spends too much on stock buybacks and too little on dividends. They should flip the percentages of buybacks to dividends. That would really make a difference to investors.
Just keep saving and investing, it will pay off in the end, everyone reading this site should be long Apple?
I don’t believe in Apple giving dividends which is a way to increase income one receives for investing on Wall St for doing no labor, just as I don’t believe in Catholicism giving indulgences which is a way to reduce the amount of punishment one has to undergo in purgatory for sins. Both are unseemly. Steve Jobs was correct to deny dividends. I wonder how that big time predatory, shithead investor Carl Icahn blackmailed Cook to introduce dividends. I wonder if he convinced Cook to also issue debt which Jobs was also adamantly against. Issuing debt is also unseemly.
So, what’s the difference between gaining from a divi and interest (in the past) being paid on your money? Both are gains for “doing no work.”
Can I assume then you don’t believe in receiving $$ as a loan?
Mixing indulgences/divis is a stretch, imo. Comparing indulges with carbon credits would be more on target…as they both erroneously provide the communicant with comfort.
It’s a fun stretch, a thinking person’s stretch; Look what it induced you to compare it to! It may be more appropriate.
Ok…but, I’ve long thought about the indulgences/carbon credit likeness. They’re very much a like…assuagement veneer.
Debt, when managed properly, is an important tool to use in an overall financial strategy. A financial strategy is important for when the day comes that you will no longer be able to sell your labor because of age or infirmity and you will then need to be able to live “doing no labor.” People who do not understand how to use debt should stick to an all-cash strategy until they figure it out — and hope that they don’t run out of cash before they do. Your issues with Catholicism are your own.
You speak like a lone wolf or like that Rugged Individual popularized in Western movies who has only situational friends for dire conditions, or frenemies, which means no long term, devoted friends or family.
Happy to report to you that I’ve got the “long term, devoted friends or family” part covered. Further, I will not be a burden to them when I can no longer sell my labor. And if the health care industry doesn’t find a way to bankrupt me before I go, I might even have a modest amount to leave behind for their benefit. Investing in Apple stock was actually the pivot point for me. It took me all my life to get to this position, and it didn’t come easy. Part of that was learning how to turn debt from a burden into a useful tool. What’s wrong with that? You could compare debt to fire. If it’s something you can’t control, you should stay away from it because it can burn you. But learning to use debt strategically (and within your means) improves your life in significant ways.
Brought a 911 2019 all cash no debt enjoyed every moment Long Apple….
If you can no debt is the only way to go.
Good for you!
Nice illustration per; “debt/fire.”