Apple exhibits strong growth stock characteristics due to low dividend yield
AAPL Apple Inc
$347.73 -0.14%
View chart & analysis → - 1Apple's forward dividend yield is at the 0.3% level.
- 2The cost to purchase 93 shares of Apple required to earn 100 in income is slightly above 32,000.
- 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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