08-31-2023
USD/share | |
Price | 187.87 |
Dividend | 0.96 |
Earnings | 6.30 |
Cash-flow | 7.73 |
Book value | 3.20 |
Equity | 0.00 |
Apple Inc. is part of Technology Hardware and Equip. business, which is part of Technology industry. Apple Inc. is a company from USA, and his stocks are publicly traded.
Apple Inc. stock dividend
Apple Inc. paid a total dividend of 15,189 million USD last year, for a market value of 2,972,479 millions (Market Cap 2,800,237 millions). Apple Inc. dividend per share is 0.96 USD, and his stock market price 187.87 USD.
According to the chart below, where dividend yield is displayed, Apple Inc. has a dividend yield of 0.51%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Apple Inc. stocks dividend with other Technology Hardware and Equip. companies or other of the high USA dividend stocks list.
Apple Inc. Dividend Payout
About the ability of Apple Inc. to maintain his current dividend of USD 0.96 per share, an amount that accounts for 0.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Apple Inc. payout on ernings is currently 15.24%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Apple Inc.can maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Apple Inc. is USD 7.73 per share, which is higher than the dividend per share paid by the company of USD 0.96, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Apple Inc., compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.
Apple Inc. Dividend History
Below you will find a table with the historical evolution of Apple Inc.'s dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | USD | Paypout | Shares* |
Present | 0.51% | 0.96 | 15.24% | 15,822 |
2022 | 0.71% | 0.92 | 14.65% | 15,908 |
2021 | 0.50% | 0.89 | 15.42% | 16,406 |
2020 | 0.62% | 0.82 | 24.40% | 17,103 |
2019 | 1.05% | 3.08 | 24.76% | 4,443 |
2018 | 1.85% | 2.92 | 22.78% | 4,745 |
2017 | 1.49% | 2.52 | 26.06% | 5,134 |
2016 | 2.06% | 2.28 | 26.00% | 5,388 |
2015 | 1.76% | 2.08 | 21.27% | 5,575 |
*In millions
Then you can see the evolution of Apple Inc. dividend stock, and compare it with the average of USA stocks and that of the Technology Hardware and Equip. stocks.
Apple Inc. Stock performance
Finally, last moth Apple Inc. showed a return of -4.40% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 19.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.