In: Finance
Refer to the most recent 10-K for Apple Inc
What is the annual cash dividend yield of the common stock for Apple Inc?
https://www.sec.gov/Archives/edgar/data/320193/000032019318000145/a10-k20189292018.htm
Cash dividend declared per share for year 2018 - $2.72 (Source: 10-K attached)
Stock price of Apple Inc. - $170.42 (Source: yahoofinance.com)
Annual cash dividend yield = Cash dividend / Stock price
Annual cash dividend yield = $2.72 / $170.42
Annual cash dividend yield = 1.60%