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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
06/28/201614:42:00Cisco to Buy Cloud-Security Provider CloudLock -- Update
06/28/201611:10:00Cisco to Buy Cloud-Security Provider CloudLock
06/28/201611:03:00Cisco to Buy Cloud-Security Provider CloudLock $293 Million
06/27/201616:30:30Current Report Filing (8-k)
06/27/201612:21:00Industry Weapon Announces Partnership With Cisco
06/24/201617:06:01Statement of Changes in Beneficial Ownership (4)
06/24/201611:52:00ITC Issues Split Determination in Arista/Cisco Patent Dispute...
06/23/201620:50:00ITC Issues Split Determination in Arista/Cisco Patent Dispute
06/23/201616:33:30Current Report Filing (8-k)
06/22/201618:22:38Statement of Changes in Beneficial Ownership (4)
06/22/201618:20:52Amended Statement of Beneficial Ownership (3/a)
06/21/201605:59:00Companies Try a New Strategy: Empathy
06/16/201617:07:42Statement of Changes in Beneficial Ownership (4)
06/15/201616:28:00Cisco Proposes Plan to Monitor Data Centers--Update
06/15/201616:20:00Cisco Proposes Plan to Monitor Data Centers
06/15/201616:11:00Cisco Proposes Plan to Monitor Data Centers
06/14/201617:47:44Statement of Changes in Beneficial Ownership (4)
06/14/201617:46:10Statement of Changes in Beneficial Ownership (4)
06/14/201617:45:15Statement of Changes in Beneficial Ownership (4)
06/14/201617:43:28Statement of Changes in Beneficial Ownership (4)

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