HardOCP News
[H] News
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- Dec 31, 1969
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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.