Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday March 19, 2013

Apple Expected To Double Dividend To $16B

What's the best way to make investors happy when your stock has tanked 35% in six months? How about using some of that cash reserve to double your dividend?

Apple will probably lift its quarterly dividend 56 percent to $4.14 a share, for an annual payout of $15.7 billion, according to the average estimate from six analysts. The resulting yield of 3.6 percent would be higher than 84 percent of the companies in the Standard & Poor’s 500 Index paying dividends.