Apple will pay its August dividend on August 13 to anyone holding shares by the ex-dividend date of August 10. For every 100 AAPL shares owned, investors collect $27. Tim Cook, the former CEO with roughly 3.35 million shares, pockets around $905,000. Arthur Levinson, the company's largest individual shareholder, receives approximately $1.01 million.
The 0.36% yield sits well below peers. Walmart pays 0.89% annual dividend while gaining 128.69% since 2021. Coca-Cola yields 2.44% on a 53.35% five-year gain. Apple's growth has slowed considerably. Between 2016 and 2021, the stock surged 450%. The last five years brought 107.62% gains, far more modest than the first half of that stretch.
Recent price action complicates the picture. AAPL climbed 25% by late July, then retreated to just 11.96% gains by early August. A 10% plunge to $303.42 followed the latest earnings report, sparking questions about whether dividends alone justify holding the stock through 2027. The question hangs heavier as other mega-cap tech names boost shareholder returns more aggressively.
This material is informational only and does not constitute financial advice. Consult a financial advisor before making investment decisions.
