Apple Just Announced a Dividend Increase

As many companies are suspending their dividends, Apple (NASDAQ: AAPL) is actually increasing its payout. The company announced this news after market close on Thursday. The dividend boost comes alongside the company's fiscal second-quarter results, which featured a paltry 1% year-over-year increase in revenue as Apple coped with the impact of COVID-19 during the quarter. 

The dividend increase during these uncertain times highlights the company's financial strength and ability to weather unexpected challenges.

Image source: Getty Images.

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Source Fool.com