Apple Inc. (NASDAQ:AAPL – Get Free Report) declared a quarterly dividend on Monday, November 2nd. Investors of record on Thursday, November 12th will be paid a dividend of $0.27 per share by the iPhone maker on Monday, November 16th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, November 12th.
Apple has a dividend payout ratio of 13.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Apple to earn $10.84 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 10.0%.
Apple Price Performance
NASDAQ AAPL opened at $350.69 on Tuesday. The company has a 50 day simple moving average of $336.63 and a 200-day simple moving average of $299.02. Apple has a 52-week low of $243.42 and a 52-week high of $355.38. The firm has a market capitalization of $5.10 trillion, a price-to-earnings ratio of 39.10, a price-to-earnings-growth ratio of 3.30 and a beta of 1.07. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.02 and a quick ratio of 0.93.
Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.11. Apple had a return on equity of 125.35% and a net margin of 27.60%. The business had revenue of $114.48 billion during the quarter, compared to analyst estimates of $113.40 billion. During the same period in the previous year, the company earned $1.85 EPS. The firm’s revenue was up 11.7% on a year-over-year basis. Equities research analysts predict that Apple will post 9.68 earnings per share for the current fiscal year.
Apple News Summary
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple Intelligence cleared a regulatory step for use on iPads and Macs in China, potentially expanding access to Apple’s AI features in a major market. Reuters article on China registration
- Positive Sentiment: Apple is reportedly charging $49.99 for extra AI usage in Creator Studio, offering a potential new way to monetize AI services. Article on Apple AI usage pricing
- Negative Sentiment: KeyCorp cut its 2027 quarterly and full-year EPS forecasts, lowering its FY2027 estimate to $8.34 from $9.08. The firm maintains an Underweight rating and a $250 price target, signaling a notably cautious view. KeyCorp estimate coverage
- Negative Sentiment: Binance warned that a reported iOS vulnerability could let malicious apps access other apps’ local files, putting wallet keys and credentials at risk. It was unclear whether Apple’s latest updates address the issue, raising potential security and reputational concerns. Cointelegraph article on iOS flaw
- Negative Sentiment: Reuters reported fires, protests and pollution among Apple’s supply-chain challenges in India, which could pose execution or production risks. Reuters article on India supply-chain issues
About Apple
Apple Inc designs, manufactures and markets consumer electronics, software and digital services. Its products include the iPhone, Mac computers, iPad, Apple Watch and AirPods, along with operating systems and applications such as iOS, macOS and iPadOS.
The company also offers services including the App Store, Apple Music, Apple TV+, iCloud and Apple Pay. These products and services are integrated across Apple’s devices and are sold to consumers, businesses and institutions around the world.
Founded in 1976 and headquartered in Cupertino, California, Apple serves customers globally through online and retail stores, wireless carriers and other resellers.
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