Apple Inc Dividend yield
What is the Dividend yield of Apple Inc?
The Dividend yield of Apple Inc is 0.43%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Consumer Discretionary sector on NASDAQ compared to Apple Inc
What does Apple Inc do?
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
Companies with dividend yield similar to Apple Inc
- SIL Investments has Dividend yield of 0.42%
- China International Marine Containers () Co has Dividend yield of 0.42%
- Tata Motors has Dividend yield of 0.42%
- Onex has Dividend yield of 0.42%
- Primoris Services Corp has Dividend yield of 0.43%
- Universal Cables has Dividend yield of 0.43%
- Apple Inc has Dividend yield of 0.43%
- Bel Fuse has Dividend yield of 0.43%
- High Batteries (India) has Dividend yield of 0.43%
- VSE has Dividend yield of 0.43%
- Hitech has Dividend yield of 0.43%
- Northern Lights Fund Trust has Dividend yield of 0.43%
- Bio-Techne Corp has Dividend yield of 0.43%