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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%. ([email protected]) Call us at (212) 416-2354 or email [email protected]

Stock News for Cisco Systems (CSCO)
DateTimeHeadline
03/22/201708:00:00Cisco Systems, Inc. (Nasdaq: CSCO) to Ring The Nasdaq Stock Market...
03/16/201717:04:51Statement of Changes in Beneficial Ownership (4)
03/14/201718:39:55Statement of Changes in Beneficial Ownership (4)
03/14/201718:35:07Initial Statement of Beneficial Ownership (3)
03/14/201718:32:48Statement of Changes in Beneficial Ownership (4)
03/13/201717:13:40Current Report Filing (8-k)
03/10/201717:50:14Statement of Changes in Beneficial Ownership (4)
03/05/201723:54:00Cisco and IBM Speed Digital and Cloud Transformation with Expanded...
02/24/201718:10:44Statement of Changes in Beneficial Ownership (4)
02/24/201718:09:51Statement of Changes in Beneficial Ownership (4)
02/24/201718:08:58Statement of Changes in Beneficial Ownership (4)
02/24/201718:07:12Statement of Changes in Beneficial Ownership (4)
02/24/201718:06:17Statement of Changes in Beneficial Ownership (4)
02/24/201718:04:26Statement of Changes in Beneficial Ownership (4)
02/24/201717:06:25Form 13f Holdings Report (13f-hr/a)
02/24/201717:02:19Form 13f Holdings Report (13f-hr/a)
02/21/201717:09:11Quarterly Report (10-q)
02/17/201713:04:00Correction to Cisco Article on Feb. 16
02/16/201723:47:00Cisco Results Hurt by Weaker Market for Networking Devices...
02/16/201708:00:00OneRepublic To Headline 2017 Honda Civic Tour

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