Apple (AAPL) Raises Quarterly Dividend 5%, Increases Buyback by $90B

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. This is a 4.5% increase from the prior dividend of $0.22. The dividend will be payable on May 12, 2022, to stockholders of record on May 9, 2022, with an ex-dividend date of May 6, 2022. The annual yield on the dividend is 0.6 percent.

The board of directors has also authorized an increase of $90 billion to the existing share repurchase program

For a dividend history and other dividend-related data on Apple (AAPL) click here.

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