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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
04/15/201415:45:12TECH STOCKS: Twitter Rallies 8% As Nasdaq Reclaims 4,000
04/15/201411:33:26TECH STOCKS: Nasdaq Back Below 4000; Apple, Google Fall
04/11/201419:36:07Riding the Tech Roller Coaster
04/11/201411:36:49TECH STOCKS: Yahoo, Twitter Weigh On Techs; Zynga Rises
04/11/201408:19:49Canada Government Disables More Online Services On Heartbleed...
04/10/201416:54:21TECH STOCKS: Facebook, Google, Apple Fall As Techs Dive
04/04/201416:35:41TECH STOCKS: Facebook, Microsoft Lead Tech Sector Retreat
04/04/201412:54:39TECH STOCKS: Microsoft, Cisco Lead Tech Sector Retreat
04/02/201417:28:58TECH STOCKS: Cisco Still Hurting In Emerging Markets
04/02/201413:02:24EU to Vote on Web Traffic Regulation
03/28/201412:57:32TECH STOCKS: BlackBerry Rises, Then Slips On Results
03/27/201409:44:41U.S. Hot Stocks: Hot Stocks to Watch
03/27/201407:08:49Spherix Sues Cisco Over Alleged Patent Infringements
03/22/201417:47:45Magazine Reports NSA Spied on Top China Officials and Huawei...
03/20/201416:38:10TECH STOCKS: 3-D Printing Stocks Down As H-P Eyes Market
03/18/201411:12:38TECH STOCKS: H-P Seen Gaining As IBM Exits Key Market
03/13/201419:38:14Cisco Probes Bribery-Related Allegations -- Update
03/13/201418:30:06Cisco Probing Bribery-Related Allegations
03/12/201414:56:25TECH STOCKS: Tech Stocks Overcome Early Losses
03/02/201406:18:18MARKET SNAPSHOT: Jobs, Winter Weather To Test Record Stock Levels

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