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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
05/27/201617:09:34Statement of Changes in Beneficial Ownership (4)
05/26/201617:09:36Statement of Changes in Beneficial Ownership (4)
05/26/201606:40:00Lenovo's Net Profit Up 80% But Revenue Falls as PC Demand Slows
05/25/201616:36:15Specialized Disclosure Report (sd)
05/24/201617:13:35Quarterly Report (10-q)
05/19/201610:10:00MARKET SNAPSHOT: U.S. Stocks Fall At The Open As Rate-hike Fears...
05/19/201603:04:00Cisco Tops Expectations As Firm Branches Out -- WSJ
05/18/201619:59:00Cisco Tops Expectations as It Branches Out
05/18/201617:10:00Cisco Gives Solid Outlook, Though Profit Edges Lower
05/18/201616:53:00Cisco Gives Solid Outlook, Though Profit Edges Lower
05/18/201616:12:02Current Report Filing (8-k)
05/13/201603:03:00U.S., Chinese Firms Team Up on Sensor Networks for 'Smart Cities...
05/12/201620:54:00U.S. and Chinese Tech Firms Team Up on Sensor Networks for 'Smart...
05/12/201616:08:00U.S. and Chinese Tech Firms Team Up on Sensor Networks for 'Smart...
05/11/201608:30:00Insight Enterprises Achieves Cisco Gold Certification in North...
05/05/201615:30:00Apple, SAP to Cooperate on Workplace Apps
05/04/201611:45:00MARKET SNAPSHOT: Stocks Trim Losses As Strong Services-sector...
05/02/201611:10:00Brocade Communications Pulls Back Its Outlook
04/28/201621:30:00Juniper Networks Reports Higher Quarterly Profit, Revenue
04/22/201616:42:17Securities Registration: Employee Benefit Plan (s-8)

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