It’s no secret that Apple Inc. (AAPL ) is a darling in the technology world, as the company has rightfully earned its reputation as both an innovator and a financial powerhouse. More recently, the stock has made its way onto the radar screen of countless income investors due to its dividend re-initiation.
Below, we take a look through the five biggest direct shareholders of Apple based on the most recent SEC filings, profiling each of them as well as highlighting the total worth of their stake in the Silicon Valley bellwether [see also 14 Executives Getting Rich Off Dividends]:
The chart above showcases the ownership stakes of the five biggest individual investors, assuming a share price of $108.
Craig Federighi Owns 318,592 Shares
Craig Federighi is currently the senior vice president of Software Engineering at Apple. He is one of the leaders that oversees iOS development and he played an instrumental part in the release of Apple’s mobile operating system. Prior to joining Apple, Craig worked at Ariba, a software and information technology services company, and he holds a master’s degree in Computer Science from the University of California.
Robert Mansfield Owns 346,801 Shares
Bob Mansfield is a former senior vice president of Technologies at Apple. After earning his bachelor’s degree in electrical engineering from the University of Texas, Bob went on to become the vice president of Engineering at Raycer Graphics, which was acquired by Apple in 1999. He stayed with the company and took the role as senior vice president of Mac Hardware Engineering, where he played a pivotal role in the development of the iMac and MacBook products.
Al Gore Owns 437,661 Shares
Al Gore, the former Vice President of the United States, currently resides as a member on the Board of Directors at Apple. Mr. Gore popularized the term “Information Superhighway” in the 1990s and was instrumental in securing federal funding to build out infrastructure that would become the Internet as we know it today; he also serves as a senior advisor to Google.
Tim Cook Owns 950,767 Shares
Tim Cook currently serves as Apple’s CEO, a position that he has held since succeeding Steve Jobs in 2011. Cook holds an industrial engineering degree from Auburn University and an MBA from Duke University’s Fuqua School of Business; after graduating from Auburn, Cook worked as a director in IBM’s (IBM ) personal computer business for 12 years. Cook joined Apple in 1998 and his first role was senior vice president of Worldwide Operations; today, he also resides on the board of directors for Nike (NKE ) and the National Football Foundation [see also Who Are the Top CEOs in the World? A Closer Look at Dow 30 CEOs].
Arthur Levinson Owns 1,138,886 Shares
Arthur Levinson currently serves as the Chairman of the Board at Apple and is also the current CEO of Calico, an independent biotech company established by Google. Levinson received his PhD in biochemistry from Princeton University, and after he went to work at Genentech, a biotech firm where he served as CEO for over a decade and now resides on its board of directors.
The Bottom Line
Anyone looking to get a better understanding of a company’s vision ought to consider the major stakeholders involved, seeing as how they can hold tremendous influence over future growth prospects. Knowing the biggest shareholders of a company likely won’t help you formulate an investment thesis or settle on an entry price, but it may shed additional insights into qualitative factors like corporate governance and the management structure.
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What is 100% dividend payout? ›
Furthermore, if a company, be it any stage of maturity, has a 100% or above dividend payout ratio, it means that such a company is paying more than it is earning. Such a payout strategy is widely considered unsustainable.
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DARS™ (Dividend Advantage Rating System) rates dividend stocks across five distinct criteria: relative strength, overall yield attractiveness, dividend reliability, dividend uptrend, and earnings growth. Dividend.com offers free content available to the general public as well as premium subscription service.
How do you solve for dividend payout? ›
To calculate the dividend payout ratio, the formula divides the dividend amount distributed in the period by the net income in the same period. For example, if a company issued $20 million in dividends in the current period with $100 million in net income, the payout ratio would be 20%.
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Popular Investor Websites for Dividend Paying Stocks
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The top dividend-paying stocks in India are:
- Coal India Ltd.
- Oil and Natural Gas Corporation Ltd.
- Power Grid Corporation of India Ltd.
- Tech Mahindra Ltd.
- ITC Ltd.
With the ability to automatically track dividends and see the impact of dividends on your returns, Sharesight is the best free dividend tracker for self-directed investors. As a comprehensive online portfolio tracking solution, Sharesight also has a range of powerful features that extend beyond dividend tracking.
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The other five competitors in the top 10 list are nasdaq.com (14.5M visits in March 2024), stockanalysis.com (3.4M visits in March 2024), marketchameleon.com (1M visits in March 2024), etfdb.com (1.8M visits in March 2024), and trackyourdividends.com (397.1K visits in March 2024).
How much do you have to pay on dividends? ›
How dividends are taxed depends on your income, filing status and whether the dividend is qualified or nonqualified. Qualified dividends are taxed at 0%, 15% or 20% depending on taxable income and filing status. Nonqualified dividends are taxed as income at rates up to 37%.
How much dividend on 1 million? ›
Stocks in the S&P 500 index currently yield about 1.5% on aggregate. That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000.
The Top-Performing US Dividend Leaders of April 2024
- UGI UGI.
- Philip Morris International PM.
- Avista AVA.
- Pioneer Natural Resources PXD.
- Southern Company SO.
- 3M MMM.
- OGE Energy OGE.
- Chevron CVX.
Dividends are typically issued quarterly but can also be disbursed monthly or annually. Distributions are announced in advance and determined by the company's board of directors. Companies pay dividends for a variety of reasons, most often to show their financial stability and to keep or attract investors.
Is there a downside to dividend investing? ›
Another potential downside of investing primarily for dividends is the chance for a disconnect between the business growth of a company and the amount of dividends the company pays. Common stocks are not required to pay dividends. A company can cut its dividend at any time.
How much do you need to invest to live off dividends? ›
If you are considering a dividend-focused strategy, you should carefully assess your income needs and risk tolerance. For example, if you require an income of 100,000 per year and were looking at a dividend yield of 10%, you would need to invest 1,000,000.
Are monthly dividend stocks worth it? ›
Monthly dividend stocks can provide predictable income and make budgeting easy since they pay dividends every month of the year. While most companies pay dividends quarterly, there are 80 stocks that pay dividends monthly. And many of them have high dividend yields above 7%.
What is considered a good dividend yield? ›
What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.
