Here's How Many Shares of Apple Stock You Should Own to Get $1,000 in Yearly Dividends
When people think about Apple (NASDAQ: AAPL), products like the iPhone likely come to mind. But long-time investors probably think more about the company's stock, which has rewarded shareholders with a 532% appreciation over the last 10 years through June 9. That's easily outpaced the S&P 500 index's 189% gain.
Apple has also become a reliable dividend payer since restarting payouts in 2012. It's good to know that the board of directors has committed to making regular payouts. It's particularly useful if you're targeting a specific annual total, such as $1,000.
Dividend support
First, it's essential to check on whether Apple can support the current dividend. Fortunately, the company produces plenty of free cash flow (FCF) that should give investors confidence.
In the first six months of the current fiscal year, which ended on March 29, Apple's FCF totaled $47.9 billion, and it paid out $7.6 billion in dividends.
Now that we've confirmed Apple's ability to sustain its dividends, it's time to turn to the number of shares needed to produce $1,000 in yearly dividends.
Share calculation
Apple raised its May quarterly dividend by a penny to $0.26 per share. While the board of directors has a history of annual increases, it's prudent to take a conservative approach and assume the dividend remains constant. Should the company continue to boost payouts, you'll receive more than $1,000 annually.
Multiplying the quarterly dividend by four works out to an annual dividend payment of $1.04 a share. To receive $1,000, you'd have to purchase 962 shares. Using the June 9 closing price of $201.45, those shares will cost about $194,000.
It's nice to receive secure dividends. However, with a 0.5% dividend yield, investors will hope capital appreciation will provide the majority of Apple's total return.
Should you invest $1,000 in Apple right now?
Before you buy stock in Apple, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!*
Now, it's worth noting Stock Advisor 's total average return is988% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of June 9, 2025
Lawrence Rothman, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
26 minutes ago
- Globe and Mail
Buy Canadian movement sours sales at one Edmonton candy store
The business model for Laurie Radostits's Edmonton candy store made sense when it opened a little more than a decade ago: bring the city products that were rarely seen in Canada. It is also part of the reason that, in March, she nearly had to close down. Sweet Convenience's shelves are a colourful garden of treats, cereals and sodas: PayDay candy bars, chocolate chip pancake Pop-Tarts, vanilla Coke. The common denominator? They're American. Before President Donald Trump initiated a trade war with Canada, Sweet Convenience fed a craving for American products that were difficult to find elsewhere. Since Mr. Trump introduced the tariffs that have targeted Canadian products, those cravings have been overtaken by a patriotic desire to spend money on more Canadian-produced goods. But Ms. Radostits soon learned that, to some, 'Buy Canadian' did not necessarily mean support Canadian businesses, particularly if their products didn't bear a Canadian flag. When the one-two punch of tariffs and 'Buy Canadian' landed against Sweet Convenience in February and March, Ms. Radostits said she felt 'lots of panic.' She had only felt that worried during the COVID-19 pandemic, she said, when she faced problems sourcing cross-border products. 'We've been through COVID. Okay. Can we get through Trump?' In the past, customers had requested Ms. Radostits special order their favourite American treats. But in late February and March, some were asking her to remove U.S. products from her store shelves. If she did cut her American products, she estimated 90 per cent of her stock would be eliminated. Trying to get a step ahead of tariffs, Ms. Radostits stockpiled inventory to maintain pretariff prices for as long as possible. In hindsight, it was a bad business move. She was met with an unexpected 'Buy Canadian' boom. Her sales dwindled and she could not pay the rent, although she was able to make a deal with the landlord to keep the store open. The small Canadian business was, ironically, suffering from an unofficial campaign to support Canadian businesses. 'Support Canadian and Buy Canadian are very different,' she argues. At her most dire moment, Ms. Radostits made an online plea for customers to buy from the shop in April, suggesting the store would otherwise have to close. The candy shop's fan base and former patrons returned and carried the business through Easter. While that wave has since ebbed, it hasn't disappeared. She's not as worried about having to close, but the fear remains. Sweet Convenience is enduring a 'double squeeze,' said Melise Panetta, a marketing lecturer at the Lazaridis School of Business at Wilfrid Laurier University who has also held senior positions at large consumer companies like PepsiCo. and S.C. Johnson. The candy store is dealing with the rising cost of operations and goods that other retailers are facing, but is also losing out to the Buy Canadian consumer sentiment that other Canadian retailers are seeing as a benefit. 'Even if it's a local business owned by local individuals – and even if it's cherished – they could still be at risk of having the negative perception of the products that they carry over to their overall retail image,' Ms. Panetta said. There are other stores dotted across Canada that, like Sweet Convenience, carry American treats. At Snack Passport, in Barrie, Ont., owner Jenna MacIsaac said U.S. products made up about 80 per cent of the store's revenue. That has since dropped to less than 20 per cent, she said. Ms. MacIsaac said the store rarely brings in American products now. An analysis from the Angus Reid Institute in February found 48 per cent of Canadians had already replaced, or planned to replace, U.S. products with Canadian alternatives. Sweet Convenience's unique situation is also a test of consumers' tolerance for American products though, Ms. Panetta warned, that shunning a domestic retailer has negative effects on the Canadian economy. 'That's still people that are working in our local economy. They are contributing to the local economy, and they're Canadians.' Ms. Radostits defends stocking American products by saying her profits stay in Canada because most of her orders come through Canadian third-party importers. The prices for some of her products have risen, but she has also tried a new strategy to make the price changes seem more subtle. Instead of raising prices on familiar items, where customers may visibly notice a price spike, she has chosen to order products she hasn't stocked before. That way, customers won't feel inclined to compare prices even if the new items are also subject to tariffs. It's a more subtle sticker shock. Ms. Radostits has also started labelling U.S.-licensed items to show if they had been made elsewhere, like Mexico or the Netherlands. She is also considering ordering a wider variety of foreign items, including from places in Europe. 'I don't want to go that route, so I'm kind of hoping something will change soon,' Ms. Radostits said. European products are a niche, she said, that has already been taken. Ms. Panetta, however, said choosing other countries might be the safer option and recommends the store could also start marking tariffed items with a 'T' like grocery retailer Loblaws has done.
CTV News
32 minutes ago
- CTV News
Eastern Canadian premiers, U.S. governors to meet in Boston Monday
The flags of Canada and the United States fly outside a hotel in downtown Ottawa, on Saturday, Feb. 1, 2025. THE CANADIAN PRESS/Justin Tang Eastern Canadian premiers and U.S. state governors will gather in Boston Monday to discuss trade and tariffs. The meeting, announced last month, is expected to focus on energy, manufacturing, and tourism in face of U.S. President Donald Trump's trade war. Attending the meeting from Canada will be Newfoundland and Labrador Premier John Hogan, Prince Edward Island Premier Rob Lantz, Nova Scotia Premier Tim Houston, New Brunswick Premier Susan Holt, Quebec economic minister Christine Fréchette, and Ontario Premier Doug Ford. The premiers were invited to the meeting by Maine Gov. Janet Mills, Vermont Gov. Phil Scott, Rhode Island Gov. Daniel McKee, Connecticut Gov. Ned Lamont, Massachusetts Gov. Maura Healey, and New York Gov. Kathy Hochul. Canada is the largest single trading partner for Massachusetts and Maine. Mills said Trump's tariffs have damaged her state's economy and relationship with Canada. 'I understand, their feelings are hurt,' said Mills about Canadians, in an interview with CTV News Atlantic's Todd Battis Friday. 'My feelings are hurt too. The people who have a deep seeded relationship with Canada are all hurt by this. We share that feeling.' Mills and Holt have held multiple discussions about trade over the past several months. Holt, along with Lantz, travelled to Boston in March to meet with Healey. Holt said she planned to focus on energy development at Monday's meeting. 'New Brunswick supplies a lot of energy products to New England,' Holt said to reporters Thursday. 'I think 90 per cent of the cars in Boston are driving with gas that comes from the Irving refinery and us. They are keen to make sure we will continue to be a reliable supplier of energy to them.' With files from CTV's Todd Battis and Avery MacRae For more New Brunswick news, visit our dedicated provincial page.
Globe and Mail
2 hours ago
- Globe and Mail
These 3 Stocks Are Buying Back Billions in Shares
As market volatility and sector rotations persist in 2025, companies sitting on strong balance sheets are leaning into one of the most shareholder-friendly strategies available: stock buybacks. A wave of fresh repurchase authorizations has hit the tape in recent weeks, signaling confidence from management teams about the future of their businesses and the current undervaluation of their stocks. These announcements are especially notable in the current environment, where selective value and capital return are once again top priorities for investors. Multiple large-cap stocks just announced significant buyback programs. Among them is one of the hottest consumer discretionary names over the past few years. It now has buyback capacity equal to nearly 16% of its market cap, and its shares are down massively from highs. This suggests the company is highly confident in the ability of its shares to perform well going forward. LII: Strong Mid-Term Industrials Performer Boosting Buybacks and Dividends [content-module:CompanyOverview|NYSE:LII] First up is Lennox International (NYSE: LII), an approximately $20 billion player in the heating, ventilation, air conditioning, and refrigeration space. On May 22, the company announced an increase to its buyback capacity of $1 billion, bringing its total capacity to just under $1.3 billion. As of the May 30 close, this is equal to about 6.4% of the company's market capitalization. In addition, the company announced a very notable 13% increase to its quarterly dividend. The next $1.30 per share dividend will be payable on July 15 to shareholders of record on June 30. This gives the stock an indicated dividend yield of 0.9%. Despite achieving relatively moderate sales growth over the last couple of years, Lennox has been a standout performer. Since the end of 2022, the stock has provided a total return of nearly 142% as of the May 30 close. The company's operating margin expanded significantly from around 14% in 2022 to nearly 19.5% in 2024. Its full-year adjusted earnings per share (EPS) grew by 54% over this period, supporting the rise in shares. DECK: Ups Repurchase Capacity After Quarter of Record Buybacks [content-module:CompanyOverview|NYSE:DECK] Next up is one of the most talked-about consumer discretionary stocks over the past several years, Deckers Outdoor (NYSE: DECK). From the beginning of 2022 to Jan. 30, 2025, the stock gained approximately 265%. However, since then, the trajectory of the Hoka shoemaker's stock has pointed straight down. From that all-time high in January, the stock is down approximately 53% as of the May 30 close. The company's recent share repurchase authorization announcement indicates that it may be looking to take advantage of this huge fall from grace. On May 22, along with its fiscal Q4 2025 results, Deckers announced it had increased its buyback authorization to approximately $2.5 billion. This equates to an absolutely massive 15.8% of the company's market capitalization as of the May 30 close. This gives the company a huge ability to decrease its outstanding share count and provide a large tailwind to its EPS. The company already stepped up its buybacks in a big way in calendar Q1 as the huge drop in shares began to manifest. The company spent $266 million on repurchases, by far the highest amount in a single quarter in its history. In Q4, when shares were nearing their peak, the company spent just $50 million on buybacks. This buyback authorization suggests the firm may be looking to step up repurchases even further. Decker's cash balance of just under $1.9 billion, while only having $277 million in debt, gives it a very strong ability to do so. Adding to this ability is the fact that the company is relatively frugal when it comes to capital expenditures, spending an average of just $22 million over the last four quarters. TS: Robust Balance Sheet, 5% Dividend, Substantial Buyback Capacity [content-module:CompanyOverview|NYSE:TS] Last up is Tenaris (NYSE: TS). The large-cap steel pipe supplier for oil and gas companies recently approved a substantial new share repurchase program, valued at $1.2 billion. As of the May 30 close, this number is equal to approximately 6.7% of the company's market capitalization. Tenaris also has a very strong dividend yield of just under 5%. Tenaris first started buying back shares at the beginning of 2024. The company has been making notable use of buybacks since, spending an average of $315 million on repurchases per quarter. This buyback pace suggests it could use its full capacity over the next 12 months. Tenaris remains in a very strong position to continue this buyback pace if it chooses. It ended last quarter with a net cash balance of $4 billion and generated free cash flow of over $2.1 billion in the last 12 months. Thus, if operating results remain similar going forward, the company could execute its full buyback capacity without reducing its cash reserves. Overall, these three firms are reiterating their commitment to returning capital to shareholders through their new buyback authorization. Deckers stands out due to the dramatic fall in its share price and its gigantic buyback authorization. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
