In case you missed it, Apple (AAPL 0.29%) boosted its share repurchase program by a whopping $50 billion. This means Apple could reduce shares outstanding by 15% by the time the program ends in 2015. What would this do to Apple's dividend yield? In the following video, Fool contributor Daniel Sparks says that investors who buy shares today could be rewarded with a nice 4.9% dividend yield at cost basis by the end of fiscal 2015.
Apple's Dividend Yield Could Reach 4.9% by 2015
By Daniel Sparks – Apr 26, 2013 at 10:00PM
NASDAQ: AAPL
Apple
Market Cap
$4.0T
Today's Change
(-0.29%) $0.78
Current Price
$272.17
Price as of November 14, 2025 at 3:58 PM ET
With a supercharged repurchase program, Apple's dividend payout looks compelling.
About the Author
Daniel Sparks is a contributing Motley Fool stock market analyst covering technology, industrials, financials, and consumer goods. Daniel is the owner and chief investment officer of Sparks Capital Management. He holds a master’s degree in business administration from Colorado State University. The Globe and Mail profiled him and his investing philosophy in an article titled, “This stock picker is outperforming nearly everybody else. Here’s how he is doing it.”