Here's How Many Shares of Apple Stock You'd Need to Get $1,000 in Yearly Dividends

Apple (NASDAQ: AAPL) is known for many things. One that isn't talked about so much is the dividend that it has been bestowing on its shareholders quarterly since mid-2012, when it reinstated a payout it had previously halted in the mid-1990s. While we can't really characterize Apple as an income stock, as its 0.5% dividend yield is too low for consideration, the company does dole out a distribution on the regular. In mid-August, Apple declared its latest quarterly shareholder payout; $0.26 per common share. Annualized, this is $1.04 per share, meaning you'd have to hold at least 962 shares to earn $1,000 per year in disbursements. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool