Apple (AAPL) will raise its quarterly dividend by 7.3 percent to 22 cents per share in 2021. This comes after a 6.5 percent dividend hike to $0.82 per share in announced in 2020. The technology company has now raised its dividend for 9 consecutive years. 

The increased dividend will be paid on May 13, 2021 to shareholders of record as of the close of business on May 10, 2021. The next ex-dividend date for AAPL is May 7, 2021. Apple stock yields 0.7% based on the new annual dividend of $0.88 per share and a stock price of $133.48. Apple is one of the biggest dividend payers in the United States and wordwide with an annual payment of almost $15 billion to shareholders.

Apple Inc. designs, manufactures and markets mobile communication and media devices and personal computers, and sells a variety of related software, services, accessories and third-party digital content and applications. The company’s products and services include iPhone, iPad, Mac, Apple Watch, AirPods, Apple TV, HomePod, iCloud and Apple Pay. Apple is a California corporation established in 1977 as Apple Computer, Inc.  The company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. Apple, formerly Apple Computer, suspended its dividend in 1996 and reinstated a quarterly payment in 2012.