At the end of today, February 15, 2024, Apple AAPL will distribute a dividend payout of $0.24 per share, translating to an annualized dividend yield of 0.52%. Shareholders who held the stock before the ex-dividend date on February 09, 2024 will benefit from this payout.
Apple Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-09 | 4 | $0.24 | 0.52% | 2024-02-01 | 2024-02-12 | 2024-02-15 |
| 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 |
When it comes to dividend yield, Apple falls behind its industry peers, with Xerox Holdings XRX boasting a higher annualized dividend yield of 5.47%.
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
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.81 to $0.95, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Apple
The earnings chart illustrates an increase in Apple's earnings per share, from $3.27 in 2020 to $6.12 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
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 0.52%.
When it comes to dividend yield, Apple falls behind its industry peers, with Xerox Holdings boasting a higher annualized dividend yield of 5.47%.
The upward trend in dividend per share and earnings per share for Apple from 2020 to 2023 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.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Apple's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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.
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