How Asia’s Rise is Fuelling Dividend Growth for These Iconic Companies

When the late Steve Jobs revealed the iPhone to the world in 2007, Apple (NASDAQ: AAPL) wasn’t paying a dividend.

It wasn’t surprising.

The iPhone maker was growing fast but lacked the diversity in revenue sources to reliably pay out a part of its earnings.

Five years would pass before the company finally paid out a dividend.

By fiscal 2012, Apple had grown to become a behemoth, drawing in US$157 billion in revenue.

More importantly, the company had become less dependent on any product, service or country.

And Apple was ready to pay a dividend.