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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
01/21/201703:02:00Apple Sues Qualcomm Over Chips -- WSJ
01/20/201720:31:00Apple Sues Qualcomm Over Licensing Practices -- 2nd Update
01/20/201717:12:00Correction to inauguration donors article
01/13/201718:46:32Statement of Changes in Beneficial Ownership (4)
01/12/201709:00:00Tom Brady Stars in Intel Commercial Airing During Super Bowl...
01/11/201714:31:00Computer Chips Evolve to Keep Up With Deep Learning
01/06/201708:08:00CES 2017 Is Offering New Tech for Smarter Living & Autonomous...
01/05/201718:53:20Statement of Changes in Beneficial Ownership (4)
01/04/201721:12:00Intel Jump Starts CES 2017 With News and Experiences
01/04/201718:57:00Intel Announces 5G Modem Chip
01/04/201716:33:23Statement of Changes in Beneficial Ownership (4)
01/04/201709:45:00BMW Group, Intel and Mobileye Will Have Autonomous Test Vehicles...
01/04/201703:02:00Intel Buys Into Auto Technology -- WSJ
01/03/201720:44:00Correction to Qualcomm Article
01/03/201718:51:00Qualcomm Looks Beyond Smartphones With New Chip -- Update
01/03/201717:29:00Qualcomm Looks Beyond Smartphones With New Chip
01/03/201714:30:00Intel Buying 15% Stake in Here, German Auto Makers' Digital-Map...
01/03/201713:00:00Intel to Acquire 15 Percent Ownership of HERE
01/03/201711:10:00Intel Seeks Approval to Invest in German Auto Makers' Digital-Mapping...
01/03/201706:45:00Intel Seeks Approval to Buy Stake in HERE

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