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Tim McAleenan Jr.

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  • Apple's Dividend Will Hit $20 Within 5 Years
    Fri, Mar. 28 AAPL 104 Comments


    • 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
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