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Apple Inc. Announces Dividend Increase

Quarterly Dividend Raised 7% to $0.22 per Share

Dividend Yield Now Stands at 0.57%

CUPERTINO, Calif. - April 26, 2023 - Apple Inc. (AAPL) today announced an increase in its quarterly dividend to $0.22 per share, a 7% increase from the previous dividend of $0.205 per share. The new dividend is payable on May 9, 2023, to shareholders of record as of April 26, 2023.

The dividend increase reflects Apple's strong financial performance and its commitment to returning capital to shareholders. The company has paid a dividend every year since 2012, and the dividend has increased every year since then.

Apple's dividend yield is now 0.57%, based on the current stock price of $159.60. This is a competitive yield among large-cap technology companies.

Analysts say the dividend increase is a sign of confidence in Apple's future prospects. The company is expected to continue to benefit from strong demand for its iPhone, iPad, and Mac products, as well as its growing services business.

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