Investing is his primary passion. However, such a program reduces the number of shares outstanding, thus allowing each remaining investor to own a slightly larger portion of the company. If the company manages to beat that record—a possibility that’s within the guidance range—I wouldn’t be surprised to see the rally continuing in Apple stock. cit.). PennantPark Investment Corp.: Is This 13%-Yielding “Alternative Bank” a Bargain? This is an entirely free service. Keep in mind that, up until this point, Apple’s record quarterly revenue was $88.3 billion, which was achieved in the quarter ended December 2017. This is a look at why Apple Inc. (NASDAQ:AAPL), a tech giant with a less-than-stellar yield, is a top dividend stock for 2020. https://www.incomeinvestors.com/wp-content/uploads/2019/12/iphone-and-imac_t20_dp37Zo-150x150.jpg, Condensed Consolidated Statements of Operations (Unaudited), Apple Inc. (AAPL) CEO Tim Cook on Q4 2019 Results – Earnings Call Transcript. Stock Advisor launched in February of 2002. Forward yield 1.12% Payable May 14; for shareholde Can Buy Cheaper Than Insiders Did, 10 Metals Stocks A pple Inc. (AAPL) will begin trading ex-dividend on August 07, 2020. This is an entirely free service. ), Apple wants to return that cash to investors, and paying a dividend is one of the most direct ways of doing so. Payable May 14; for shareholders of record May 11; ex-div May 8. The tech industry is kind of known for its ability to burn through cash very quickly. Analysts' Current Least Favorites, 10 ETFs With Stocks That Today, AAPL stock’s quarterly dividend rate stands at $0.77 per share, representing a total increase of 103.4%. If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with AAPL that may be suitable potential portfolio mates: In comparison to stocks we observe that provide shareholders with a dividend, AAPL offers a dividend yield in the bottom 0.77% of its fellow sector mates. Copyright © 2020. Click to subscribe to real-time analytics on AAPL, Apple, Amazon and Google will emerge as winners from a major market shift, tech analyst Gene Munster predicts, Why Bespoke's Hickey says Apple is at a make or break moment, Why iPhone users are suddenly going wild creating custom looks for their home screens, Apple, Microsoft, Amazon and Alphabet are buys at these levels, Jim Cramer says. Apple said it's increasing its dividend by 6%, giving the company a quarterly payout of $0.82, or $3.28 annually. of the Dow, Top 25 Broker Analyst Picks of the S.A.F.E. A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors.