Here's How Many Shares of Apple Stock You Should Own to Get $1,000 in Yearly Dividends

Core Insights - Apple has provided a 532% stock appreciation over the last 10 years, significantly outperforming the S&P 500 index's 189% gain [1] - The company has established itself as a reliable dividend payer since resuming payouts in 2012, with a commitment from the board of directors to maintain regular dividends [2] Dividend Support - Apple generated $47.9 billion in free cash flow (FCF) in the first six months of the current fiscal year, while paying out $7.6 billion in dividends, indicating strong support for its dividend payments [4] - The current dividend is sustainable based on the company's robust cash flow generation [4] Share Calculation - The quarterly dividend was raised to $0.26 per share, leading to an annual dividend payment of $1.04 per share [5][6] - To achieve $1,000 in yearly dividends, an investor would need to purchase 962 shares, costing approximately $194,000 at the June 9 closing price of $201.45 [6] - With a 0.5% dividend yield, investors are likely to rely on capital appreciation for the majority of their total return from Apple [6]