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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
09/28/201615:00:00Apple and Deloitte & Touche Form Enterprise Next Service
09/23/201619:16:14Statement of Changes in Beneficial Ownership (4)
09/23/201619:14:18Statement of Changes in Beneficial Ownership (4)
09/23/201619:12:29Statement of Changes in Beneficial Ownership (4)
09/23/201619:10:38Statement of Changes in Beneficial Ownership (4)
09/23/201619:09:15Statement of Changes in Beneficial Ownership (4)
09/23/201619:07:22Statement of Changes in Beneficial Ownership (4)
09/23/201619:06:19Statement of Changes in Beneficial Ownership (4)
09/23/201619:04:07Statement of Changes in Beneficial Ownership (4)
09/23/201619:02:27Statement of Changes in Beneficial Ownership (4)
09/23/201619:00:05Statement of Changes in Beneficial Ownership (4)
09/22/201617:05:08Statement of Changes in Beneficial Ownership (4)
09/22/201611:00:00Cisco, Salesforce Announce Cloud Integration
09/22/201610:45:00Cisco, Salesforce Announce Cloud Integration
09/22/201608:00:00Cisco and Salesforce Announce Global Strategic Alliance
09/21/201616:38:40Current Report Filing (8-k)
09/20/201609:29:00GE Goes Into High Gear to Attract Silicon Valley Tech Talent
09/20/201609:23:02Current Report Filing (8-k)
09/16/201617:35:27Statement of Changes in Beneficial Ownership (4)
09/16/201617:34:33Statement of Changes in Beneficial Ownership (4)

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