As the day concludes, Apple AAPL is preparing to distribute a dividend payout of $0.24 per share, resulting in an annualized dividend yield of 0.55%. This payout is exclusive to investors who held the stock before the ex-dividend date on November 10, 2023.
Apple Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-10 | 4 | $0.24 | 0.55% | 2023-11-02 | 2023-11-13 | 2023-11-16 |
| 2023-08-11 | 4 | $0.24 | 0.5% | 2023-08-03 | 2023-08-14 | 2023-08-17 |
| 2023-05-12 | 4 | $0.24 | 0.57% | 2023-05-04 | 2023-05-15 | 2023-05-18 |
| 2023-02-10 | 4 | $0.23 | 0.63% | 2023-02-02 | 2023-02-13 | 2023-02-16 |
| 2022-11-04 | 4 | $0.23 | 0.62% | 2022-10-27 | 2022-11-07 | 2022-11-10 |
| 2022-08-05 | 4 | $0.23 | 0.59% | 2022-07-28 | 2022-08-08 | 2022-08-11 |
| 2022-05-06 | 4 | $0.23 | 0.59% | 2022-04-28 | 2022-05-09 | 2022-05-12 |
| 2022-02-04 | 4 | $0.22 | 0.55% | 2022-01-27 | 2022-02-07 | 2022-02-10 |
| 2021-11-05 | 4 | $0.22 | 0.59% | 2021-10-28 | 2021-11-08 | 2021-11-11 |
| 2021-08-06 | 4 | $0.22 | 0.59% | 2021-07-27 | 2021-08-09 | 2021-08-12 |
| 2021-05-07 | 4 | $0.22 | 0.65% | 2021-04-28 | 2021-05-10 | 2021-05-13 |
| 2021-02-05 | 4 | $0.2 | 0.57% | 2021-01-27 | 2021-02-08 | 2021-02-11 |
Apple's dividend yield is on the lower end compared to its industry peers, with Xerox Holdings XRX having a higher annualized dividend yield of 7.26%.
Analyzing Apple Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.76 in 2019 to $0.91 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Apple
Investors can observe a growth in earnings for Apple from 2019 to 2022, as earnings per share increased from $2.98 to $6.11. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article takes an in-depth look at Apple's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.24 per share today, translating to an annualized dividend yield of 0.55%.
Apple's dividend yield is on the lower end compared to its industry peers, with Xerox Holdings having a higher annualized dividend yield of 7.26%.
The upward trend in dividend per share and earnings per share for Apple from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Monitor live stock price updates for Apple on Benzinga.](https://www.benzinga.com/quote/Apple (NASDAQ: AAPL))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
