Seeking Alpha

Tim McAleenan Jr.

 
View as an RSS Feed
View Tim McAleenan Jr.'s Articles BY TICKER:
  • Apple's Dividend Will Hit $20 Within 5 Years
    Fri, Mar. 28 AAPL 104 Comments

    Summary

    • Apple is buying back a little over 4% of its common stock per year, which could reduce the shares outstanding to 775 million within five years.
    • Dividend investors ought to benefit handsomely as Apple's payout ratio approaches 40% of profits, which still allows Apple to retain more profits than necessary to fund future growth.
    • The buyback program plus a ten percentage increase in the payout ratio would alone take Apple's dividend to $20 per share within five years.
  • How Apple Shareholders Can Do Well Without Steve Jobs
    Aug. 29, 2011 AAPL 3 Comments
More on AAPL by Tim McAleenan Jr.