DivGro: Apple Dividend Increase

Date:


On 1 May, Apple (AAPL) increased its dividend by 4%, from 25¢ to 26¢ per share.

The dividend is payable on 15 May to shareholders of record on 12
May. 

AAPL’s forward yield is 1.04% at $198.88 per share.


I own 78 AAPL shares at an average cost of $22.55 per share. AAPL’s contribution
to DivGro’s projected annual dividend income will increase by $3.12 to
$81.12. 

My yield on cost is now 4.61%.

Since I opened my position in May 2016, the stock has generated a total return of 811%, including
$540.74 in dividend income. That’s a spectacular annualized rate of
return of 27.9%!

AAPL became DivGro’s 18th Home Run stock in August 2018, when the stock doubled my original capital
outlay.

5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$0.8075 $0.8650 $0.9100 $0.9500 $0.9900 $1.030
6.26% 7.12% 5.20% 4.40% 4.21% 4.04%
5-year DGR: 5.43% 4.99%

projected, assuming no further changes


Thanks for Reading!




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