Shanghai Diesel Engine Co., Ltd. (SDEC) is the leading manufacturer of diesel engines in China. Our strict emphasis on quality is combined with the latest technology to offer our customers a competitive edge. Since its inception, the company has established a reputation for itself as a supplier of quality products.
In 2012, Apple stock reinstated its dividends with a quarterly payout of $0.3786 per share (split adjusted). With the latest dividend hike in April 2016, the number is now at $0.57 per share. Thatâs a compound annual growth rate (CAGR) of 10.7%!
A dividend is a boon to shareholders, including Apple employees, who have already seen the companyâs stock rise 48 percent this year. Fidelity Management, Appleâs largest shareholder, will make $128.81 million each quarter from the dividend, based on its holdings as of Dec. 31.It was high time to do this,â said David Rolfe, chief investment officer of Wedgewood Partners Inc., which holds Apple shares. The dividend will cost Apple about $10 billion a year and represents a yield of 1.8 percent on the stockâs closing price today.