Investor Relations > Dividend … Apple's 7 … If you pay $440 per share for Apple stock pre-split, you need to note in your records that … * Reflects first date shares trade on a split-adjusted basis. Apple hasn't yet declared a dividend for the period after the split. In the year after Apple's third 2-for-1 stock split, on February 28, 2005, shares returned 52.7%, outperforming the S&P 500's 6.4% return over the same period. However, what usually happens is that the per-share dividend payment gets adjusted to reflect it.

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