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Yet Apple’s stock still has a total annual yield of 3.5%. 0.6% in dividends and 2.9% in share buybacks + voting rights. That’s still a better deal than FB, Goog
by webinvest 5y ago
Yet Apple’s stock still has a total annual yield of 3.5%. 0.6% in dividends and 2.9% in share buybacks + voting rights. That’s still a better deal than FB, Google, Amazon, Netflix, Square/Block! Only a little better than Microsoft.
Warren Buffett probably influenced them to be a shareholder-friendly company.
The buybacks and the dividend yield is a big reason why Apple has a 3 Trillion Dollar market cap —- which none of the other tech companies have.
- tinalumfoil 5y agoApple's PE ratio is half of Netflix and Amazon's, despite them being in a clearly dominant position. I think tech is probably overvalued, but if the market's right about tech (and in the end that market is usually right), the only reason Apple isn't a $6T company is because investors simply don't have enough money to throw into them. By dominant position I mean Walmart.com is 90% of what Amazon is, HBO Max is imho better than Netflix, Bing/DDG is as good as Google for most searches, etc etc. No company is within 1% of replacing Apple.
- lexapro 5y agoIf you say Bing/DDG is as good as Google for most searches, you might as well say Samsung phones and laptops are as good as iPhones and MacBooks.
- 5tefan 5y agoFunny you mention it. I tried my best to understand iOS and stuff but in the end refunded the iPad Mini and went for a Samsung tablet. Overall a better experience for me. Wholly personal taste.
- mrep 5y agoGoogle bought back 12.5 billion dollars worth of shares this past quarter [0] which puts them on a 50 billion a year track and it has only been going up. 50 billion on a 2 trillion market cap is about 2.5% which while not as high, they do keep increasing it. [0]: https://ycharts.com/companies/GOOG/stock_buyback https://ycharts.com/companies/GOOG/stock_buyback