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With the most recently released products, the Cupertino based tech giant Apple Inc. has raised its profit shares in a noticeable way. The Silicon Valley company is the number one dividend payer at this moment, and the situation could be explained by the enriched variety of gadgets the tech giant has recently developed and launched to the market. The sixth generation of iPhone and the launch of the long awaited Apple Watch which has created a lot of fuss around itself have certainly contributed to the good numbers in the most recent reports of the tech company on its financial status. So it has become clear that Apple pays the biggest dividend, however most of the voices in connection to this matter have stated that this situation will not last forever.
The S&P 500 has the most valuable company in the world at its top. On Monday, the Silicon Valley tech giant has reported a dividend raise of 11 per cent. Apple Inc. has a payout per year of 12 billion dollars, thus outperforming another giant company, this time with an activity in the field of oil, Exxon Mobil. The latter has an annual payout of 11.6 billion dollars. Exxon Mobil got the second place in the hierarchy, as senior index analyst Howard Silverblatt has affirmed.
Still, Howard Silverblatt reckons that Apple Inc.`s place at the top of the dividend payers is a temporary thing. The senior index analyst has stated that Exxon Mobil has the clear potential of outperforming the Silicon Valley giant on Thursday in terms of dividend payment. Howard Silverblatt has added that the oil giant company has a reputation of a Divident Aristocrat, which is not only a well known phrase among the experts of the business field, but also represents an extraordinary performance by an enterprise: reaching 25 consecutive years of increasing dividends.
Exxon Mobile can be proud of its 32 year of constantly increasing dividends, with a notable boost of 9.5 per cent which occurred last year on April 30. Howard Silverblatt has added to his comment on the matter that he expects a 4.6 per cent increase would be needed for Exxon Mobil to retake the no. 1 position in the top.
The dividend payment was not the only aspect in which Apple Inc. has risen. The share buyback program of the tech giant has also grown to 140 billion dollars from 90 billion dollars within the capital return program, an enlarged 200 billion dollars affair.
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