It's Time for Apple to Raise Its Paltry Dividend
(NASDAQ: AAPL) started paying a dividend again in 2012. It's raised its payout every year since then, but it still pays a paltry forward yield of 0.5% -- which won't attract any serious income investors when CDs and T-bills sport 5% yields.
But as Apple's revenue growth slows down, I believe it's time for the tech giant to significantly boost its dividend to reward its patient investors. Let's take a look at its free cash flow (FCF) growth to see how much Apple could raise its dividend.
Image source: Apple.
Source Fool.com
Apple Inc. Stock
€207.10
-0.120%
Currently there is a rather positive sentiment for Apple Inc. with 148 Buy predictions and 17 Sell predictions.
With a target price of 227 € there is a slightly positive potential of 9.61% for Apple Inc. compared to the current price of 207.1 €.
