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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%. ([email protected]) Call us at (212) 416-2354 or email [email protected]

Stock News for Intel (INTC)
DateTimeHeadline
02/17/201708:41:19Annual Report (10-k)
02/16/201708:08:00BizWireTV: Nike Launches Star-Studded Equality Campaign and Time...
02/14/201718:26:42Statement of Changes in Beneficial Ownership (4)
02/14/201708:01:00Intel Security Mends Cybersecurity Fragmentation With Unifying...
02/13/201714:00:00Intel Introduces Versatile New FPGA for Industrial and Automotive...
02/13/201711:00:00Media Alert: Experience the Future Now With Intel at MWC 2017
02/13/201700:00:00New Intel Security Cloud Report Reveals IT Departments Find It...
02/10/201716:03:05Amended Statement of Ownership (sc 13g/a)
02/09/201717:25:00Intel Editorial: What a Broken Ankle Taught Me about the Potential...
02/09/201716:43:30Current Report Filing (8-k)
02/09/201708:08:00BizWireTV: Intel Drones Light Up the Super Bowl and Logitech...
02/08/201716:21:00Intel Corp. Announces $7 Billion Investment in Arizona Plant...
02/08/201713:59:00Intel Corp. Announces $7 Billion Investment in Arizona Plant
02/08/201713:12:00Intel Supports American Innovation with $7 Billion Investment...
02/06/201718:48:00Intel Basks in Afterglow of Super Bowl Light Show Launched by...
02/06/201703:59:00Tech Firms Including Apple, Google Fight Immigration Order...
02/06/201703:53:00Tech Firms Including Apple, Google Fight Immigration Order
02/05/201721:15:00Intel Drones Light Up Lady Gaga Performance During Pepsi Zero...
02/03/201718:37:50Statement of Changes in Beneficial Ownership (4)
02/03/201718:36:01Statement of Changes in Beneficial Ownership (4)

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