When Does Apple Pay Dividends?

When Does Apple Pay Dividends? Apple Inc. (AAPL) will pay a dividend of $0.77 per share on November 14, 2019 to shareholders of record as of November 12, 2019.

Checkout this video:

Introduction

Apple Inc. (AAPL) – NASDAQ
Dividends are one way that companies distribute earnings to shareholders. Companies can decide to reinvest earnings back into the business or pay out a portion of earnings to shareholders in the form of dividends. Dividend payments are typically made on a quarterly basis.

Apple Inc. has not declared or paid any dividends since it went public in 1980. However, Apple has a history of repurchasing its own shares through stock buybacks. In 2018, Apple spent $36 billion on share repurchases.

Apple’s current dividend yield is 0%.

History of Apple Pay

Apple Pay is a mobile payment and digital wallet service by Apple Inc. that lets users make payments in person, in iOS apps, and on the web. It was designed to replace the physical credit card payment system and became available for use on October 20, 2014. On September 12, 2016, Apple launched Apple Pay in Japan, bringing the service to its seventh country.

In order use apple pay users must have an iPhone 6 or later with iOS 8.1 or later, or apple watch with watchOS 2 or later. Users can use apple pay on the web through Safari on any Mac made after 2012 running macOS Sierra or later. To pay in stores, users hold their iPhone near the contactless reader with their finger on Touch ID; to pay in apps, they hold their iPhone near the contactless reader with their finger on Touch ID and then authorize the payment with Face ID or Touch ID; and to pay on the web on a Mac, they hover their finger over the Touch ID sensor built into their trackpad after selecting Apple Pay at checkout.

As of March 2019, Apple Pay had commandership of approximately 3% of global card transactions.

How Apple Pay Works

Apple Pay is a mobile payment and digital wallet service by Apple Inc. that lets users make payments in person, in iOS apps, and on the web. It digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal. It is similar to contactless payments already used in many countries, with the addition of two-factor authentication via Touch ID or Face ID biometrics rather than PIN. The service was announced on September 9, 2014, at the iPhone 6 event, launched on October 20 in the United States, and released in the United Kingdom, China, Singapore, and Australia on July 15, 2015. Originally launched as a payment method for physical goods and services from select retailers using iPhone 6 models/later; support for more vendors was later added including apps (both online via Safari and offline) as well as person-to-person payments using iMessage. Apple Pay transactions are authenticated with Face ID or Touch ID using a dedicated Secure Element chip in iPhones/iPads/Apple Watches; iPads also have an NFC antenna to support in-person payments. The service stores card details securely on devices that are locked with a passcode or biometric authentication methods such as Touch ID or Face ID; exact card details are never stored on Apple servers or shared with merchants. In August 2019, Apple added Express Transit mode to Apple Pay which enables passengers to ride public transportation without having to remove their iPhone from their bag or pocket due to the NFC technology used for Apple Pay transactions.

What to Expect from Apple Pay

Apple Pay is scheduled to go live on October 20, 2014, just in time for the holiday shopping season. The service will be available in the US at launch, with plans to roll it out to additional countries in 2015.

When use apple pay you will be able to make purchases at any retail location that accepts contactless payments. You will also be able to make purchases within apps that have integrated Apple Pay. In addition, Apple Pay can be used for online purchases made through Safari on iOS 8 or Mac OS X Yosemite.

use apple pay you will need an iPhone 6 or 6 Plus running iOS 8.1 or later. You will also need to have an iCloud account and a credit or debit card associated with that account. If you are using an iPhone 5s, 5c, or 5, you can use apple pay but you will need apple watch running watchOS 2 or later.

When you go to make a purchase, you will hold your iPhone near the contactless reader with your finger on the Touch ID sensor. You will then see a confirmation of your payment on the screen and feel a vibration from your phone letting you know that the payment has been processed.

How to Use Apple Pay

Apple Pay is a mobile payment and digital wallet service from Apple Inc. that lets users make payments in person, in iOS apps, and on the web. It combines features of a traditional credit or debit card with the latest advances in mobile technology.

To use Apple Pay, you need an iPhone 6 or later with iOS 8 or later, or an iPad Air 2 or iPad mini 3 with iOS 8.1 or later. You also need to have a supported card from a participating bank or credit card issuer.

When you’re ready to pay, hold your iPhone near the contactless reader with your finger on Touch ID. You might need to sign a receipt or enter your PIN depending on the store policies.

If you’re paying in an app, double-click the home button and hold your iPhone near the contactless reader until you see Done and a checkmark on the screen.

You can also use Apple Pay to pay for items on websites in Safari on your iPhone 6s, iPhone 6s Plus, iPad Pro, iPad Air 2, and iPad mini 3 or later. Look for the Apple Pay button at checkout and complete the payment using Touch ID or your passcode.

Fees and Limits

Apple Pay is a free service that lets you make secure purchases in stores, in apps, and on the web. And now with Apple Pay Cash, you can send and receive money from friends and family right in Messages. Learn more about all the features of Apple Pay.

When you use a credit or debit card with Apple Pay, your card numbers are not stored on your device, nor on Apple servers. In fact, your card numbers are never shared by Apple when you use Apple Pay. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

To pay in stores with your iPhone or Apple Watch, hold your device near the reader with your finger on Touch ID or double-click the side button and glance at your iPhone to authenticate with Face ID. You don’t need to wake or unlock your device or open an app. To pay in apps and on websites in Safari (on any iOS device or Mac), select Apple Pay at checkout and complete the payment using Face ID or Touch ID6 on your iPhone or iPad, Touch ID on your MacBook Pro or MacBook Air with Touch Bar7, or Touch ID on your Mac mini3/iMac Pro4; Double-click the side button and glance at your iPhone X to authenticate with Face ID; Enter your password8 on the MacBook Air without Touch BarOregon3/iMac Pro4; Use an iPhone 6s9/SE9 (1st generation)10/iPhone 6s Plus9/iPhone SE9 (1st generation)10 to make purchases anywhere Mastercard Contactless Payments are accepted11; Use an iPhone 73GSK12SK4G5SK17SK2SK13 plus 13G5SK16SK14S5S5to make payments where Discover contactless payments are accepted13; or enter a passcode when using iPad84G70to make purchases near terminals that only support chip technology14
switch between multiple cards: open Walletpasses pass information like credit15or debit16cards17and store loyalty18and gift cards19in Walletfor easy access 20at check out.; You can also use PayPal21in some apps22and websites.; If you have questions about payments made using Apple Pay, contact23your financial institution for assistance 24
certain merchants might limit payment types for security reasons.; For example Stores that primarily sell jewelry25or other high-value goods might not allow payment by credit card to reduce their exposure to fraudulent activity.; 26 You might be able to use other payment types like cash27or debit cards28with these merchants

Security and Privacy

Security and Privacy
Your security and privacy are very important to us. That’s why we’ve built Apple Pay to be the most secure way to pay, and why we continue to add new features to help keep your information safe and secure.

When you use Apple Pay, your credit card numbers are neither stored on your device nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

Apple Pay is also designed to guard your personal information. When you pay with Apple Pay in a store or app, cashiers will never see your name, card numbers, or security code. In some cases they may see your initials, representing the last four digits of your Device Account Number, and they may also see the last four digits of the card number that you used to set up Apple Pay.

You can use Touch ID or passcode on your iPhone or iPad to approve purchases from the App Store, iTunes Store, iBooks Store, or make in-app purchases. Your billing information will be kept up to date across all of your devices automatically using iCloud Keychain. And when you make a purchase on a new device or browser, Safari will ask if you want to use the card that you have already set up with Apple Pay.

Apple Pay vs. Other Payment Methods

When it comes to mobile payment options, there are a lot of different choices out there. But if you’re an iPhone user, one of the best options is Apple Pay. With Apple Pay, you can use your iPhone to pay for purchases at participating retailers both in store and online. And in some cases, you can even use Apple Pay to send and receive money from friends and family.

One of the key benefits of using Apple Pay is that it’s a very secure way to pay. When you use Apple Pay, your credit card number is never shared with the merchant. Instead, a unique Device Account Number is used to process your payment. And because your credit card number is never shared, if your iPhone is lost or stolen, you don’t have to worry about someone being able to use your credit card to make unauthorized purchases.

Another benefit of using Apple Pay is that it’s quick and easy to use. With Apple Pay, you don’t have to fumble around for your wallet or enter your credit card information when making a purchase. You can just hold your iPhone up to the payment terminal and complete the transaction with Touch ID or Face ID. And if you’re paying for something online, you can use Apple Pay with just a few clicks.

So if you’re looking for a convenient and secure way to pay, be sure to give Apple Pay a try.

FAQs

Q: When does Apple Pay dividends?

A: Apple pays dividends four times per year. The record date is usually the Friday before the ex-dividend date. The payment date is usually the following Wednesday.

Q: How often does Apple declare dividends?

A: Apple declares dividends once per quarter, typically at its earnings release.

Q: How does Apple pay dividends?

A: Apple pays dividends electronically to shareholders on the payment date. If you hold your shares in a brokerage account, the dividend will be credited to your account on the payment date. If you hold your shares in an individual retirement account (IRA), the dividend will be paid to the custodian of your IRA on the payment date.

Scroll to Top