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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
07/09/201416:39:46TECH STOCKS: Cisco, Facebook Edge Higher; Micron Slips
07/08/201400:30:50New Tech Group Joins Crowded Field to Set Rules for 'Internet...
06/18/201416:59:15Jabil Circuit Swings to Third-Quarter Loss on Restructuring Costs
06/17/201409:24:35Cisco to Buy Swedish Tail-f Systems for $175 Million
06/10/201416:51:30TECH STOCKS: Apple, EBay Diverge In Mild Tech Trading
06/10/201416:36:10TECH STOCKS: Apple Inches Upward; EBay Falls
05/27/201414:49:13TECH STOCKS: Apple Gains Lead Rise In Tech Stocks
05/26/201420:14:59Canada Offers Incentives to Lure Startups Across the Border
05/22/201413:12:52TECH STOCKS: H-P, JD.com Rally; Twitter, Microsoft Fall
05/22/201409:21:22China Vows Tougher Scrutiny of Online Technology
05/21/201416:25:03TECH STOCKS: Salesforce, EBay Slip, But Techs Edge Higher
05/20/201416:37:34TECH STOCKS: Netflix, Amazon Gains Fail To Lift Techs
05/20/201410:57:47TECH STOCKS: Netflix, Amazon, Yahoo Gains Fail To Lift Techs
05/19/201421:28:22Cisco Unveils Desktop and Cloud Video Offerings -- 2nd Update
05/19/201417:38:08Cisco Unveils Desktop and Cloud Video Offerings--Update
05/15/201417:19:23MARKET SNAPSHOT: U.S. Stocks Fall; S&P 500, Dow Worst Decline...
05/15/201413:56:42MARKET SNAPSHOT: U.S. Stocks Sell Off; Dow In Triple-digit Loss
05/15/201410:52:58TECH STOCKS: Cisco Jumps, But Apple, Facebook Stumble
05/15/201408:47:08U.S. Hot Stocks: Hot Stocks to Watch
05/14/201418:51:27Cisco Sounds Upbeat Notes Amid Revenue, Profit Dip--6th Update

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