Apple Inc. turns your few dollars to Millions

In this article we will discuss a smartphone manufacturing company which changed the whole world’s taste regarding smartphones. The company name is Apple Inc. The mentioned company is an American multinational company and it specializes in Consumer electronics such as smartphones and Macbook, software, and various online services.

Stock Performance

Apple Inc. launched price as per available data from Google finance was $0.10 on closing price on 8 October 1982 and now it closed at $142.45 on dated 03.10.2022. Now you can see that the stock has delivered returns in tune of 142,350%.

• The mentioned prices are inclusive of all the stock splits and bonuses issued by the company.

The mentioned returns are so huge that you could be surprised to know that if you just invested a few dollars on that particular date i.e. 8 October 1982 you could be a millionaire nowadays.

Now let’s take an example that if you could have invested $10000 during that time i.e. at $0.10 then your present investments could have become $14,245,000. This means you could have got $14.24 million, which is huge that you could enjoy the rest of life with that money.

Dividend returns

The mentioned returns are without considering dividends, Now let’s see how much dividend the company has paid over the period of time:-

From above we can see that Apple Inc. has paid $44.69 as dividend since 1987 and continues to do so with almost consistency without a miss. Therefore, your investments could have garnered returns of $4.47 million.  Company has paid a dividend of $0.865 in 2021, which means you are getting more than 8 times the invested amount as dividend every year.

Future Prospectus

There is always enthusiasm among the young people for launches of Apple Inc. and they are always waiting for their launches. Therefore, you could see that Apple Inc. is market leader in its segment and will continuous to do so.