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Apple exhibits strong growth stock characteristics due to low dividend yield

The Motley Fool +1 ·

AAPL Apple Inc
$347.73 -0.14%
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  1. 1Apple's forward dividend yield is at the 0.3% level.
  2. 2The cost to purchase 93 shares of Apple required to earn 100 in income is slightly above 32,000.
  3. 3Apple used 25.8 billion in share buybacks for the quarter ended June.

So what's the key point?

Apple's dividend yield from buying shares is very low at 0.3%. Instead, the company spent 25.8 billion on buying back its own shares.

Source The Motley Fool +1 · View original ↗

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