12:31 PM
Jalal Hameed
Apple Inc. said it will announce the outcome of its internal discussion concerning its enormous cash balance on Monday morning.
Analysts expect Apple to institute a dividend. It can easily afford one, since it had $97.6 billion in cash and securities at the end of last year. That would be enough for a $100 one-time dividend for every shareholder, but analysts expect the company to institute a modest recurring dividend.
A dividend would reward shareholders and open ownership of Apple shares to a wider range of funds. Many "value-oriented" funds are not allowed to buy stocks that don't pay dividends.
Read details: Huffington Post
Posted in: 
0 comments:
Post a Comment