Apple (AAPL) will raise its quarterly dividend by 10.5 percent to $0.63 per share in the second quarter of 2017. This marks the fifth consecutive year of dividend increases by the technology company.
The new dividend will be payable on May 18, 2017 to shareholders of record as of the close of business on May 15, 2017.
From the inception of its capital return program in August 2012 through March 2017, Apple has returned over $211 billion to shareholders, including $151 billion in share repurchases.
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.