It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Apple boosts investor's dividend Apple boosts investor's dividend
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Apple boosts investor's dividend
Reply
 
Thread Tools
Old 19th March 2013, 07:02   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 106,367
Stefan Mileschin Freshly Registered
Default Apple boosts investor's dividend

Apple is trying to boost its share price by increasing its dividends to shareholders by 50 percent.

The move will mean that shareholders will collect $15.7 billion of Apple's cash mountain.

According to Bloomberg, which asked different analysts, each shareholder will collect $4.14 a share. The resulting yield of 3.7 percent would be higher than 86 percent of the companies in the Standard & Poor's 500 Index paying dividends.

Apple will not have to be hammered for tax from the move because it would use its US cashpile rather than its foreign cash pile which would be subject to extra taxes.

Cupertino has been under a lot of pressure to start returning money to shareholders after the price of its stock fell dramatically.

Investors including David Einhorn's Greenlight Capital are pushing for more money as growth slows and Apple loses ground to Samsung.

Apple is sitting on $137.1 billion in cash and investments so buying the shareholders off is not going to hurt that much.

Chief executive officer Tim Cook, who a year ago this month reinstated a dividend and announced a $10 billion buyback, faces mounting pressure to take bolder steps to pay out more of Apple's $137.1 billion in cash and investments.

Most analysts say that there is no way that Apple will ever need as much cash as it is sitting on.

Apple does want to buy back a lot of its stock, but this would be expensive, particularly at the moment. This year the company could add another $40 billion to its cash mountain with about $15 billion of that in the US. That does not stop the fact that there has been a $300 billion decline in value.

The one time pay-out could boost Apple's share price and put it on the path to recovery again by attracting new investors.

http://news.techeye.net/business/app...stors-dividend
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Nokia rumoured to suspend dividend Stefan Mileschin WebNews 0 25th January 2013 06:29
Western Digital Declares Quarterly Cash Dividend, Payable on December 26 Stefan Mileschin WebNews 0 5th December 2012 09:14
HP Board Declares Regular Dividend Stefan Mileschin WebNews 0 16th November 2012 07:01
IBM Board Announces Quarterly Cash Dividend; Authorizes $5 Billion Stock Repurchase Stefan Mileschin WebNews 0 31st October 2012 06:30
Intel Declares Quarterly Cash Dividend Stefan Mileschin WebNews 0 26th September 2012 07:17
HP Board Declares Regular Dividend Stefan Mileschin WebNews 0 23rd July 2012 07:35
Cisco Declares Quarterly Cash Dividend Stefan Mileschin WebNews 0 18th June 2012 07:01
HP Board Increases Regular Dividend by 10 Percent Stefan Mileschin WebNews 0 27th March 2012 07:19
Intel Declares Quarterly Cash Dividend Stefan Mileschin WebNews 0 23rd March 2012 06:37
Intel Increases Quarterly Cash Dividend by 10% jmke WebNews 8 22nd March 2008 21:06

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 17:55.


Powered by vBulletin® - Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO