AAPL Dividend Increase

Apple just released strong second quarter results. Included among the report was an expansion of the capital return program to $200 billion by March 2017.

The Board also approved an 11% increase in the company’s quarterly dividend. Shareholders of record on 5/11/2015 will receive a dividend of $.52 per share, payable on 5/14/2015.

This increase raises my annual dividend by $47.94. So far in 2015 I’ve received dividend increases amounting to $126.65, or equivalent to investing $4207 at my portfolio’s current yield of 3.01%. Pretty cool!

20 of 29 of my dividend paying companies have yet to announce a raise, so I’m expecting good things for the remainder of the year.

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6 Responses

  1. FerdiS says:

    That’s a great increase! Congratulations!
    FerdiS recently posted…18 Dividend Increases, April 13-24, 2015My Profile

    • scott says:

      Thanks! Part of me wishes they’d save more of the cash for dividends instead of buybacks, but since most of it is held outside the US, it would be taxed like crazy! I guess share repurchases are different?

  2. DivGuy says:

    Yippee! What’s not to like about this company? 😉


    DivGuy recently posted…There are 3 Words in Dividend GrowthMy Profile

    • scott says:

      I agree! Obviously a huge company but one with a growth component as well, which is rare for its size. AAPL will be a fun one to watch (no pun intended!).

  3. Apple is a great company by all accounts .With $180 billion in cash and massive growth in China, Apple is printing money like the U.S. mint.
    Tony @ Inequality Today recently posted…3 Reasons Why This Bull Market in U.S. Stocks Isn’t OverMy Profile

    • scott says:

      Hey Tony! I agree. Just wish there’d be a “tax holiday” so that Apple can bring some of that money back into the US without paying a huge amount of taxes. Until that can occur, I think it was (and is) smart of Apple to take on some debt with the current low interest rates. Thanks for commenting!

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