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Re: forttwin post# 124092

Thursday, 02/16/2017 9:55:06 AM

Thursday, February 16, 2017 9:55:06 AM

Post# of 147132
Keep in mind that there is an ex-dividend date, and the dividend is paid on a delayed basis to shareholders of record on the record date. Also, the dividends are paid quarterly, and the stated dividend yield and rate in a quote for APPL is always the annual dividend rate and yield, rather than the quarterly dividend. I suspect you received a quarterly dividend at 1/4 the annual dividend rate and yield.
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