The DividendRank formula at Dividend Channel ranks thousands of dividend stocks, with Apple Inc (AAPL) currently in the top 50%, making it an interesting stock for investors to research further. AAPL recently entered oversold territory at $255.70 per share, with an RSI reading of 28.4, creating a potential buying opportunity for dividend investors.

The RSI reading of 28.4 for AAPL suggests that heavy selling may be exhausting itself, signaling a possible entry point for bullish investors. Examining AAPL’s dividend history is crucial for investors to determine their stance on the stock. The recent annualized dividend of 1.04/share equates to a 0.40% yield at a share price of $260.35.

For more oversold dividend stock opportunities, check out the link provided. Additional resources like market cap history, insider buying, and YTD returns are also available for further analysis. Remember, the views expressed are those of the author and not necessarily of Nasdaq, Inc.

Read more at Nasdaq: Apple Becomes Oversold | Nasdaq