Retail investors comb through congressional stock disclosures looking for unusual timing or conflicts of interest tied to committee assignments. Every so often the filings turn up a different kind of pattern: the same lawmaker buying the same stock, over and over.
Congressman Buys Up Apple Stock
Rep. Ed Case (D-Hawaii) recently disclosed buying Apple Inc (NASDAQ:AAPL) stock in August, according to the Benzinga Government Trades page.
This marked the 10th Apple purchase by Case since 2024. The trade also continued the streak of Apple being the only stock the congressman has purchased since 2024.
The latest trade was to buy $1,000 to $15,000 in Apple stock on Aug. 13 and is listed as a spouse, meaning the trade was made by Case’s wife.
The disclosure showed that the purchase was part of an automatic dividend reinvestment plan, as were the other Apple buys.
Each quarter, Case discloses buying $1,000 to $15,000 worth of Apple stock with the dividends received.
The last non-Apple transaction made by Case was in 2025, selling $1,000 to $15,000 in Procter & Gamble shares. The congressman made no stock transactions in 2022 or 2023, while 2021 saw $365,000 in trades, according to data from Quiver Quantitative.
Apple Stock Holdings and Dividend Payouts
According to a 2025 financial disclosure, filed in April 2026, Case and his wife own $1 million to $5 million in Apple stock, as reported by Quiver Quantitative.
Apple stock closed at $271.12 in 2025. Based on the $1 million to $5 million range, Case and his wife likely own roughly 3,700 to 18,400 shares of Apple.
That works out to roughly $1,000 to $5,000 a quarter — consistent with the $1,000 to $15,000 range disclosed on each purchase.
Apple currently pays out 27 cents per share in dividends each quarter, good for an annual payout of $1.08 per share, or an annual dividend yield of 0.35%.
While Apple’s dividend yield is on the lower side among large-cap stocks, it is around average for a large-cap technology stock and among the Magnificent Seven stocks that pay dividends.
Many technology and high-growth companies retain their earnings to reinvest in the company and its future growth, instead of paying dividends to shareholders.
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