Monday, March 19, 2012

Apple To Make Big Announcement

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

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