Apple (AAPL) Dividend History and Analysis

Current Dividend Yield

Apple (AAPL) currently has an annual dividend yield of 0.55%, based on its most recent dividend payment of $0.96 per share. This yield is calculated by dividing the annual dividend per share by the current stock price.

Historical Dividend Performance

AAPL has a history of paying regular dividends to its shareholders. Over the past five years, the company has consistently increased its dividend per share, with a compounded annual growth rate of 9.3%. This growth rate is significantly higher than the average dividend growth rate of the S&P 500 index.

Best Dividend Capture Stocks in April

AAPL is considered to be one of the best dividend capture stocks for April. This is because the company has a high dividend yield, a strong history of dividend growth, and a relatively low payout ratio. The payout ratio is the percentage of earnings that a company pays out as dividends. A low payout ratio indicates that the company has ample cash flow to cover its dividend payments and to invest in growth.

Forward Payout Ratio

AAPL's forward payout ratio is 13.47%. This means that the company is currently paying out 13.47% of its earnings as dividends. This payout ratio is considered to be sustainable, as it leaves the company with ample cash flow to meet its other financial obligations.

Years of Dividend Growth

AAPL has been paying dividends to its shareholders for over 40 years. This is a testament to the company's commitment to returning value to its shareholders. Over the past 40 years, AAPL has increased its dividend per share every year, except for 2008. This consistent dividend growth has made AAPL a popular choice for investors seeking dividend income.