What is the calculation on figuring tax on stock dividend. Ex: Apple yield is .6%. Last div was .205. If one had 1000 shares. How would I figure what I owe?

Would it be...  1000 shares of apple is $130 each.  That's $130,000.  Take $130,000 times .6% which is $780 bucks.  Then, $780 by my fed tax rate of 22% for a whopping $171 tax bill.  Is this correct?