Apple (AAPL) will increase its dividend by 7.9 percent from $3.05 to $3.29 per share in the second quarter of 2014. This follows last year's dividend hike of 15.1 percent by Apple.
The new dividend will be paid on May 15, 2014 to shareholders of record on May 12, 2014. Apple has now raised its dividend for two consecutive years.
Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. Its products and services include iPhone, iPad, Mac, iPod, Apple Watch and Apple TV.