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Apple Inc. announces dividend payout and reports institutional trading shifts
Apple Inc. is scheduled to pay a quarterly dividend of $0.27 per share on August 13, 2026. To qualify for the payment, investors must hold the stock before the ex-dividend date of August 10. This payout follows a fiscal third-quarter report where the company generated record revenue of $109.4 billion, driven by demand for the iPhone, Mac, and Services.
In recent institutional trading activity, Dai-ichi Life Insurance Company Ltd reduced its position in Apple by 3.7% during the first quarter, selling 27,471 shares. Despite this reduction, Apple remains the firm's second-largest position, with holdings valued at approximately $179 million. Other institutional investors, including Rainier Family Wealth Inc. and Eaton Cambridge Inc., reported increased holdings in the company during the same period.