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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
04/28/201621:30:00Juniper Networks Reports Higher Quarterly Profit, Revenue
04/22/201616:42:17Securities Registration: Employee Benefit Plan (s-8)
04/18/201617:54:00Manufacturing Automation Leaders Collaborate: Optimizing Industrial...
04/18/201602:20:00New Fanuc Technology Connects Robots to Networks
04/11/201617:50:00Juniper Networks Cuts Guidance for March Quarter
04/11/201617:41:00Juniper Networks Cuts Guidance for March Quarter
04/06/201616:48:44Securities Registration: Employee Benefit Plan (s-8)
04/04/201616:06:00Brocade Strikes $1.2 Billion Deal for Ruckus Wireless -- Update
03/31/201623:40:00Huawei's Profit Jumps
03/31/201619:10:00Intel Announces New Chips for Cloud Computing
03/30/201619:04:00Business Leaders Speak Out Against North Carolina's Transgender...
03/29/201620:59:00The Billionaire Professor Behind New Networking Startup Apstra
03/29/201620:10:00The Billionaire Professor Behind New Networking Startup Apstra
03/24/201618:00:22Statement of Changes in Beneficial Ownership (4)
03/24/201617:59:02Statement of Changes in Beneficial Ownership (4)
03/24/201617:57:13Statement of Changes in Beneficial Ownership (4)
03/24/201616:59:10Securities Registration: Employee Benefit Plan (s-8)
03/24/201616:57:51Securities Registration: Employee Benefit Plan (s-8)
03/24/201616:36:55Current Report Filing (8-k)
03/22/201612:14:00Molex and Cisco Help to Lead MSA to Develop Double-Density QSFP...

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