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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 Intel (INTC)
DateTimeHeadline
05/03/201608:28:00Intel Begins to Lay Off Staff in Israel - Reports
05/02/201617:25:21Quarterly Report (10-q)
04/29/201620:29:00Intel Discontinues Some Chips for Mobile Devices
04/28/201616:22:03Statement of Changes in Beneficial Ownership (4)
04/28/201611:00:00Altera's Design Solutions Network Connects Customers with Experts...
04/27/201616:33:36Statement of Changes in Beneficial Ownership (4)
04/27/201616:29:39Statement of Changes in Beneficial Ownership (4)
04/27/201616:26:32Statement of Changes in Beneficial Ownership (4)
04/27/201616:24:48Statement of Changes in Beneficial Ownership (4)
04/27/201616:18:15Statement of Changes in Beneficial Ownership (4)
04/27/201616:16:02Statement of Changes in Beneficial Ownership (4)
04/26/201616:50:32Statement of Changes in Beneficial Ownership (4)
04/26/201616:48:55Statement of Changes in Beneficial Ownership (4)
04/26/201616:03:00Intel CEO Details Priorities Beyond PCs
04/23/201603:03:00Tech Shares Fail To Join the Party -- WSJ
04/22/201621:22:00Tech Shares Fail to Join the Party
04/22/201616:59:01Statement of Changes in Beneficial Ownership (4)
04/21/201621:30:00Dell Faces High Cost to Fund EMC Deal
04/21/201616:44:00AMD to License Chip Technology to China Chip Venture
04/21/201603:03:00Market Shifts Slam Tech Old Guard -- WSJ

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