Forget Apple, IBM Is a Better Dividend Stock

A lot of investors are treating Apple (NASDAQ: AAPL) like a mature dividend stock these days. And why not? Apple's payouts have grown every year since the dividend policy was introduced in 2012. The dividend is also backed by Apple's unmatched cash machine and nearly $200 billion of cash reserves, plus long-term investments.

Apple's dividend is nice enough, but International Business Machines (NYSE: IBM) provides an even better combination of high-and-rising payouts plus future shareholder returns.

Image source: Getty Images.

Continue reading

Source Fool.com