Apple Dividend Increase
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Apple (AAPL) increased its quarterly dividend by 4.17%, from 24¢ to 25¢ per share.
The dividend will be paid on 16 May to shareholders of record on 13 May. The ex-dividend date is 10 May.
AAPL's contribution to DivGro's projected annual dividend income will increase by $4 to $100.
I own 100 shares of AAPL at an average cost basis of $22.55 per share. Following this increase, my yield on cost is 4.43%. (AAPL's forward yield is 0.54% at $185.65 per share).
Since I opened my AAPL position in May 2016, the stock has produced annualized total returns of 94%, including $593.25 in dividend income.
AAPL became DivGro's 18th Home Run stock in August 2018, when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2019 | 2020 | 2021 | 2022 | 2023 | • | 2024 |
| $0.7600 | $0.8075 | $0.8650 | $0.9100 | $0.9500 | ⬆ | $0.9900✝ |
| 7.80% | 6.25% | 7.12% | 5.20% | 4.40% | ⬇ | 4.21% |
| 5-year DGR: | 6.15% | ⬇ | 5.43% | |||
✝projected, assuming no further changes
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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...
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