New York, 12 June: Apple Inc. (NASDAQ: AAPL) closed lower on Wednesday at $198.78, a decline of 1.9%, as markets reacted to the tech giant’s recent announcements at the Worldwide Developers Conference (WWDC). Despite unveiling its new “Liquid Glass” design language and several software updates, the event drew mixed reactions, particularly regarding Apple’s slower-than-expected rollout of advanced AI features.
The stock hovered in a tight range during the session, with an intraday low of $197.36 and a high of $199.39. As of Thursday morning, Apple shares were slightly lower again, trading at $198.71, down 0.035%, continuing a subdued trend following the WWDC event.
Dividend Strategy Draws Attention Amid AI Concerns
As the stock consolidates, many long-term investors are turning their focus to Apple’s steady dividend payouts. The company currently offers a 0.52% annual dividend yield, which translates to a quarterly dividend of $0.26 per share or $1.04 annually.
With investor interest in passive income growing, financial analysts have broken down what it would take to generate meaningful monthly income from Apple stock. To earn $500 per month, for example, one would need to own approximately 5,769 shares, based on the current annual dividend payout.
While Apple is not known for a high-yield dividend, the company’s consistent track record of payments and regular buybacks offer a sense of security for income-focused investors. It also demonstrates financial strength, especially amid the ongoing transition toward AI and mixed-reality product development.
Performance Snapshot
- Market Cap: $2.97 trillion
- P/E Ratio: 31.01
- 52-Week Range: $169.21 – $260.09
- Dividend Yield: 0.52%
- Quarterly Dividend: $0.26
- Next Earnings Date: Expected late July 2025
Despite the recent pullback, Apple remains one of the most valuable and stable companies in the market. However, investors are watching closely to see if the company can deliver more compelling innovations in AI and hardware at upcoming product events to reignite upward momentum.