At Apple's (NASDAQ:AAPL) annual shareholders meeting last week, CEO Tim Cook reiterated that its board will consider expanding its plan to return cash to shareholders. The current plan has authorized up to $60 billion in share repurchases by the end of fiscal 2015, as well as a dividend of $12.20 per share per year.
Will Apple boost its plan for returning cash to shareholders? In the video below, Fool contributor Daniel Sparks explains why he thinks Apple will boost its dividend by 15%, at a minimum. He suggests another 15% would be perfectly reasonable considering that Apple is only paying out a fraction of earnings while still raking in loads of cash. Further, Daniel explains why he thinks Apple is an excellent dividend stock for long-term investors.
The benefits of dividend stocks
One of the dirty secrets that few finance professionals will openly admit is the fact that dividend stocks as a group handily outperform their non-dividend-paying brethren. The reasons for this are too numerous to list here, but you can rest assured that it's true. However, knowing this is only half the battle. The other half is identifying which dividend stocks in particular are the best. With this in mind, our top analysts put together a free list of nine high-yielding stocks that should be in every income investor's portfolio. To learn the identity of these stocks instantly and for free, all you have to do is click here now.
Daniel Sparks owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.