When Does Apple Pay Dividends in 2017
Apple Inc. is widely regarded as one of the most successful and innovative companies in the world. With a market capitalization of over $2 trillion, Apple has consistently delivered impressive financial performance to its shareholders. One way in which Apple rewards its investors is through the payment of dividends. In this article, we will delve into the specifics of when Apple pays dividends in 2017, as well as address some frequently asked questions related to this topic.
Apple’s dividend payment schedule is determined by its board of directors and is subject to change based on various factors. Historically, Apple has paid dividends on a quarterly basis. In 2017, the dividend payment dates were as follows:
1. February 16, 2017
2. May 18, 2017
3. August 17, 2017
4. November 16, 2017
These dates are important for investors as they represent the time when shareholders of record are eligible to receive their dividend payments.
Now, let’s move on to some frequently asked questions about Apple’s dividend payments:
1. How often does Apple pay dividends?
Apple pays dividends on a quarterly basis.
2. How is the dividend amount determined?
The dividend amount is determined by Apple’s board of directors and is subject to change based on various factors, including the company’s financial performance and future outlook.
3. Are the dividend payments taxable?
Yes, dividend payments are generally taxable as income. It is advisable to consult with a tax professional for specific guidance on your situation.
4. How are the dividends paid?
Dividends are typically paid to shareholders through direct deposit or by check.
5. Who is eligible to receive dividends?
Shareholders of record on the dividend payment date are eligible to receive dividends. This means that you must own Apple shares before the ex-dividend date to be eligible for the upcoming dividend payment.
6. Can I reinvest my dividends in Apple stock?
Yes, Apple offers a dividend reinvestment program (DRIP) that allows shareholders to automatically reinvest their dividends to purchase additional shares of Apple stock.
7. What happens if I sell my Apple shares before the dividend payment date?
If you sell your Apple shares before the ex-dividend date, you will not be eligible to receive the upcoming dividend payment.
8. Can I buy Apple shares just before the dividend payment date to receive the dividend?
Yes, you can buy Apple shares before the ex-dividend date to be eligible for the upcoming dividend payment. However, keep in mind that the stock price may adjust downwards on the ex-dividend date to reflect the dividend payment.
9. What is the ex-dividend date?
The ex-dividend date is the first day that a stock trades without the dividend. If you buy shares on or after the ex-dividend date, you will not receive the upcoming dividend payment.
10. How can I find out the ex-dividend date for Apple?
The ex-dividend date for Apple is typically a few days before the dividend payment date. You can find this information on financial websites, such as Yahoo Finance or Nasdaq.
11. Is Apple’s dividend payment sustainable?
Apple has a strong track record of generating significant cash flows, which supports its ability to pay dividends. However, future dividend payments are subject to the company’s financial performance and other strategic considerations.
12. Can I rely solely on Apple’s dividends for income?
While Apple’s dividends can provide a source of income, it is generally advisable to have a diversified investment portfolio that includes a mix of assets to manage risk and optimize returns.
In conclusion, Apple pays dividends on a quarterly basis, with specific payment dates in 2017 being February 16, May 18, August 17, and November 16. It’s important to be aware of the ex-dividend date and the eligibility criteria to receive the dividends. Additionally, Apple offers a dividend reinvestment program for shareholders who wish to reinvest their dividends. As always, it is recommended to consult with a financial advisor or tax professional for personalized advice regarding dividend payments and taxation.