04-29-2022, 08:38 AM
(04-29-2022, 04:00 AM)cemanuel Wrote: Another lackluster increase for AAPL. This is four years in a row now of single-digit dividend increases, and the payout ratio is now down to 15%.Yes Sir, and some of their high end stock holders don't want to pay taxes on a high dividend. With today's accounts set up like they are, even an investor with very few shares could sell a partial share annually and get his income.
Yup. Continued their policy of the last few years. Personally I think they just go NVDA and cut the raises out completely - what's the point? Not that it matters. With their cash flows there's effectively no difference between no raise and 4.5%.
I own it in all three of my accounts but it's pseudo-cash in my taxable (dividend) account. And my largest position at 12.3%. I'll likely start working on that early next year.
There is a logical reason for this. Buybacks are a much more effective way for Board members' stock options to execute.