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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
06/22/201517:42:03Exclusive: Red Hat Inc. CEO On Q1 Results, Internet of Things...
06/22/201512:22:44Why Polycom Inc. Stock Dropped Today
06/22/201509:10:16Red Hat Names Calderoni Financial Chief
06/20/201515:15:03The Internet of Things and Cisco Systems Inc: A Match Made in...
06/19/201518:09:51Statement of Changes in Beneficial Ownership (4)
06/19/201518:09:06Statement of Changes in Beneficial Ownership (4)
06/19/201516:18:07Securities Registration: Employee Benefit Plan (s-8)
06/18/201516:45:24Current Report Filing (8-k)
06/18/201507:04:06Cisco Plans to Invest $60 Million in India, CEO Says
06/17/201508:30:03Cisco Unveils $10 Billion China Plan
06/17/201508:02:59Cisco Unveils $10 Billion China Plan
06/15/201519:41:19Statement of Changes in Beneficial Ownership (4)
06/15/201519:40:51Statement of Changes in Beneficial Ownership (4)
06/15/201519:39:57Statement of Changes in Beneficial Ownership (4)
06/15/201519:39:31Statement of Changes in Beneficial Ownership (4)
06/15/201519:37:14Statement of Changes in Beneficial Ownership (4)
06/15/201519:36:13Statement of Changes in Beneficial Ownership (4)
06/15/201518:00:08Read This Before Investing in the Internet of Things
06/14/201511:40:022 Stocks to Watch in Data Storage
06/12/201523:44:08Cisco to Cut Senior Executives in China as Sales Slip -- Update

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