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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
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
02/16/201708:00:00OneRepublic To Headline 2017 Honda Civic Tour
02/16/201703:02:00Cisco Hit by Decline In Core Business -- WSJ
02/15/201719:20:00Cisco Results Hurt by Weaker Market for Networking Devices...
02/15/201717:00:00Cisco Results Hurt by Weaker Market for Networking Devices
02/15/201716:27:25Current Report Filing (8-k)
02/14/201708:00:00Cyber Threat Alliance Expands Mission through Appointment of...
02/12/201713:01:00The Next Facebook? Wall Street Sizes Up Snap's IPO
02/10/201708:56:42Amended Statement of Ownership (sc 13g/a)
02/06/201716:41:05Form 13f Holdings Report (13f-hr)
01/25/201703:02:00Cisco Buys Startup to Boost Enterprise Line -- WSJ
01/24/201722:13:00Cisco to Buy AppDynamics for $3.7 Billion -- 2nd Update
01/24/201721:31:00Cisco to Buy AppDynamics for $3.7 Billion -- Update
01/24/201720:54:00Cisco to Buy AppDynamics for $3.7 Billion
01/23/201714:21:08Amended Statement of Ownership (sc 13g/a)
01/17/201712:58:00Cisco's Chambers Sees Trump Presidency Good for U.S. Business
01/16/201723:30:00Ericsson and Cisco to Overhaul Network of Vodafone Hutchison...

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