Will Apple Raise Its Dividend in 2020?
Over the past year, Apple (NASDAQ: AAPL) has successfully regained its perch as the most valuable stock in the world. With a market capitalization above $1 trillion, the iPhone maker has managed to reinvigorate its core product line while also expanding into new areas like wearables and service offerings.
Apple's products are so popular that the tech giant generates truly astounding amounts of cash flow. Tax reform in late 2017 toppled the last barriers standing in the way of the company returning capital to shareholders, and Apple has aggressively boosted its dividend in recent years -- 2019 marked the eighth straight year for a higher dividend from Apple.
Some investors, however, weren't entirely satisfied with the size of that increase and wondered whether they can count on the company to keep its streak alive in 2020. Below, we'll look more closely at Apple's dividend prospects in the coming year.
Source Fool.com
