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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
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03/19/201712:23:00Correction to Chip Designers Story
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03/16/201708:08:00Watch now: BizWireTV Spotlights a Big Debut at This Year’s S...
03/16/201703:02:00Intel Deal Faces Stiff Test -- WSJ
03/15/201718:44:16Statement of Changes in Beneficial Ownership (4)
03/15/201712:51:00Deal for Mobileye Puts Intel's Spotty Record of Big Acquisitions...
03/15/201703:02:00Big Tech Reshapes Automotive Sector -- WSJ
03/14/201714:49:00Intel Deal for Mobileye Fuels Israel's Drive to Become Automotive...
03/14/201708:35:00Wind River Transforms Future of Industrial IoT with Breakthrough...
03/14/201707:24:00Big Tech Reshaping Auto Supply Chain With Latest Deals
03/14/201707:06:00Today's Top Supply Chain and Logistics News From WSJ
03/14/201703:02:00Intel Joins Race for 'Servers on Wheels' -- WSJ
03/13/201717:26:54Current Report Filing (8-k)
03/13/201717:09:00Intel Deepens Self-Driving Investment as Competition Grows
03/13/201714:55:00Intel Deepens Self-Driving Investment as Competition Grows
03/13/201714:16:00Intel's Acquisition Casts Spotlight on Pioneer in Self-Driving...
03/13/201713:04:00BMW Say Intel Mobileye Deal Positive for Its Development of iNext...
03/13/201709:28:00Intel to Buy Mobileye for $15.3 Billion -- 4th Update
03/13/201709:11:00Intel to Buy Mobileye for $15.3 Billion -- 3rd Update

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