Will Apple Be the Next High-Yield Stock? Tech Titan's Dividend Climbs With Increase Expected in May

Apple has consistently raised its dividend over the past decade, with a modest increase to $0.24 per share per quarter last May and another expected raise this coming May. The dividend yield remains low at 0.5%, not significantly attracting income investors. Apple has the financial capacity to offer a much larger dividend but prefers stock buybacks, spending $3.83 billion on dividends and $20.14 billion on buybacks last quarter. Buybacks have proven effective, with an 825% stock increase over the past decade and a 36% reduction in share count.