Apple (AAPL) Dividend: A Comprehensive Guide
Understanding Apple's Dividend History
Apple Inc. (AAPL) has established itself as a dividend-paying stock, providing investors with a consistent source of income. As of April 2024, Apple has an annual dividend of $0.96 per share, which equates to a forward yield of approximately 0.55%. The dividend is paid quarterly, with the last ex-dividend date being February 9, 2024.
Historical Dividend Performance
Over the years, Apple has maintained a steady dividend payout ratio and consistently increased its dividend amount. In the past five years, Apple has increased its dividend by an average of 7.8% annually. This consistent dividend growth has made AAPL an attractive investment option for dividend-seeking investors.
Investing in Apple Stocks for Dividends
To invest in Apple stocks and benefit from its dividend payments, investors can follow these steps:
- Open a brokerage account with a reputable provider.
- Fund your brokerage account and place an order to buy AAPL shares.
- Hold your shares until the record date for the next dividend payment.
- Receive your dividend payment in cash or reinvest it to purchase additional AAPL shares.
Investors should note that the ex-dividend date is important, as it determines who is eligible to receive the next dividend payment. To qualify for the dividend, investors must purchase AAPL shares before the ex-dividend date.
Best Dividend Capture Stocks in April
In addition to AAPL, here are some other stocks with attractive dividend yields in April 2024:
| Stock | Dividend Yield | Payout Ratio | Years of Dividend Increase |
|---|---|---|---|
| Chevron (CVX) | 3.1% | 35.1% | 34 |
| Exxon Mobil (XOM) | 3.4% | 34.1% | 39 |
| Microsoft (MSFT) | 1.1% | 27.2% | 11 |
| Johnson & Johnson (JNJ) | 2.6% | 47.2% | 59 |
| Verizon (VZ) | 6.0% | 48.7% | 18 |
These stocks offer a combination of high dividend yields, low payout ratios, and a track record of dividend growth, making them attractive options for income investors.
Comments