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MARKET TALK: Here Comes The Cash...

8:38 (Dow Jones) Apple (AAPL) finally returns some of its cash hoard to shareholders by declaring a long-awaited quarterly dividend of $2.65/share. That equates to a 1.8% yield, based on Friday's close, and is in-line with other major tech companies. The payout will also cost AAPL $9.9B/year. The maker of iPhones and iPads certainly can afford it as it probably has more than $100B in the bank at the moment; it had $97.6B at year-end. The dividend not only pleases long-time shareholders who wanted to get their hands on some of AAPL's money, but it also opens the company to a whole new set of investor--those that only buy dividend-paying stocks. Shares, halted premarket ahead of the news, last traded this morning at $599.32, up 2.4%. (george.stahl@dowjones.com) Call us at (212) 416-2354 or email kevin.kingsbury@dowjones.com

Stock News for Cisco Systems (CSCO)
DateTimeHeadline
12/01/201609:20:00Siemens' Shuffles Management in Bid to Expand its Software Capabilities
12/01/201609:13:00Siemens' Shuffles Management in Bid to Expand its Software Capabilities
11/28/201618:21:22Statement of Changes in Beneficial Ownership (4)
11/23/201620:20:00Avaya Weighing Bankruptcy Filing, Sale of Call-Center Software...
11/22/201618:41:36Statement of Changes in Beneficial Ownership (4)
11/22/201618:40:06Statement of Changes in Beneficial Ownership (4)
11/22/201617:08:58Quarterly Report (10-q)
11/22/201606:04:09Notice of Exempt Solicitation. Definitive Material. (px14a6g)
11/17/201609:45:00U.S. Hot Stocks: Hot Stocks to Watch
11/17/201603:03:00Cisco Warns on Outlook As Challenges Mount Cisco Systems Inc...
11/16/201619:13:00Cisco Shows Signs of Pressure
11/16/201617:00:00Cisco Shows Signs of Pressure
11/16/201616:47:00Cisco Shows Signs of Pressure
11/16/201616:10:32Current Report Filing (8-k)
11/15/201617:22:56Statement of Changes in Beneficial Ownership (4)
11/15/201611:50:00General Electric to Buy Two Tech Startups
11/09/201618:03:00Silicon Valley Braces for Uncertainty After Donald Trump's Victory--Update
11/09/201617:04:15Statement of Changes in Beneficial Ownership (4)
11/09/201614:10:00Silicon Valley Braces for Uncertainty After Trump's Victory
11/09/201613:59:00Silicon Valley Braces for Uncertainty After Donald Trump's Victory

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