Apple Declares Quarterly Dividend, Raises Payout 4%
Company to Distribute $0.25 Per Share
Increase Reflects Continued Growth and Shareholder Returns
CUPERTINO, Calif. — Apple Inc. (AAPL) has declared a quarterly cash dividend of $0.25 per share of the Company's common stock. The dividend is payable on May 10, 2023, to shareholders of record as of the close of business on May 3, 2023.
This represents a 4% increase from the previous quarterly dividend of $0.24 per share. It reflects the Company's strong financial performance and commitment to delivering value to shareholders.
The dividend increase is part of Apple's ongoing capital return program, which includes a share repurchase program of up to $90 billion announced in 2022. The program underscores the Company's confidence in its business and its ability to generate significant cash flow.
Apple has a long history of paying dividends to shareholders. Since its first dividend payment in 1987, the Company has consistently increased its dividend, providing shareholders with a steady stream of income.
The latest dividend increase demonstrates Apple's commitment to sharing its success with shareholders. As the Company continues to innovate and grow, it expects to provide even greater returns to its loyal investors in the future.
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