Calculate the Apple Stock Shares Needed for $1,000 Annual Dividends

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Apple (NASDAQ: AAPL) has shown a 532% appreciation in stock value over the past decade, significantly outpacing the S&P 500’s 189% gain through June 9. The company’s free cash flow (FCF) in the first half of its fiscal year was $47.9 billion, allowing it to pay $7.6 billion in dividends. Apple currently has a quarterly dividend of $0.26 per share, equating to an annual payout of $1.04 per share.

To generate $1,000 in yearly dividends, an investor would need to acquire 962 shares, costing approximately $194,000 based on the June 9 closing price of $201.45. With a dividend yield of just 0.5%, most returns are expected to come from capital appreciation.

Despite Apple’s strong performance, it did not make the list of the 10 best stocks to invest in right now, as identified by the Motley Fool analyst team. The average return for the Motley Fool’s recommendations is 988%, compared to 172% for the S&P 500.

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