Apple's Dividend Yield Drops to 0.51%

Apple Inc. (AAPL) has a long history of paying dividends to shareholders, but the company's recent stock split has resulted in a decrease in the dividend yield.

As of today, AAPL's dividend yield is 0.51%, down from 0.57% before the split. This is still a solid yield, but it is lower than the average yield for S&P 500 companies, which is currently around 1.5%.

The dividend yield is calculated by dividing the annual dividend per share by the current stock price. In AAPL's case, the annual dividend per share is $1.00 and the current stock price is $200.20. Therefore, the dividend yield is 0.51%.

It is important to note that the dividend yield is not the only factor that investors should consider when making investment decisions. Other factors, such as the company's financial health and growth prospects, should also be taken into account.