Wall Street PR

Apple Inc (NASDAQ:AAPL) Stepping Up To Be Top Dividend Payer In Industry

Boston, MA 02/06/2014 (wallstreetpr) – Starting today the stock of Apple Inc (NASDAQ:AAPL) will be designated ex dividend. The Cupertino based firm had earlier announced that it would be paying out a cash dividend of $3.05 for every share of common stock on February 13. All share holders who have purchased shares before the stock went ex dividend today, will be eligible for this dividend payout. Including the proposed payout, share holders of Apple Inc. (NASDAQ:AAPL) have received an aggregate of $12.2 dividend per share over the trailing 4 quarters. This translates into a dividend yield of 2.37 percent for the last 12 months.

$10 B Spent On Dividend Payout Last Year

The dividend paid out is deducted from the company’s stock market value. Over the trailing 12 months, the tech firm has paid out dividend of $10 billion and this is expected to go up further this year, as midyear last year the firm increased its dividend payout every quarter from $2.5 billion to $2.8 billion. But this depreciation is offset by the aggressive buy back that Apple Inc. (NASDAQ:AAPL) has initiated in order to support the value of the stock at the market.

Interesting Findings from Markit’s 2014 U.S. Dividend Outlook Survey

As Apple Inc. (NASDAQ:AAPL) share holders get ready to receive the dividend payout later this month, it would be a appropriate to shed some light on the findings of the Markit’s 2014 U.S. dividend outlook report which got released recently. The report has done a due diligence on the dividend payout plans of more than 422 S&P index tracked heavy weights and has come up with some surprising observations. The 422 companies in aggregate are expected to funnel in close to $352 billion in dividend payout to their share holders. If the payout does happen as per the plan, it would mean that a dividend payout would have gone up by close to 9 percent in 2014 as compared to 2013 payouts.

Apple Inc. (NASDAQ:AAPL) 2014 Dividend Yield To Be 30% 

Of particular interest to share holders of Apple Inc. (NASDAQ:AAPL) is the Markit math that estimates that Apple Inc. (NASDAQ:AAPL) is all set to payout $11.8 billion as dividends in 2014, which would translate to a 15 percent increase over its 2013 payouts. That would mean that the maker of iPhone would be pegging its divided paying ration at a market leading 30% for the year.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.