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Apple (AAPL) announces a quarterly dividend of $2.65/share to begin in FQ4 of this year (July...
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Monday, March 19, 2012, 8:36 AM ETApple (AAPL) announces a quarterly dividend of $2.65/share to begin in FQ4 of this year (July 2012) as well as a buyback program of up to $10B. (PR)
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This news story has 29 comments:
I was only counting the 1 announced dividend as we have yet to see a solid history of quarterly dividends paid out and a commitment to the current rate. Most often I see new companies test out a dividend and at this rate of a 7% payout ratio they are testing things. I would not be surprised if it was raised or even removed.
But for the time being it is 1.8%ish.
Expect better.
I am intrigued by your comment further down in the thread. What are your thoughts on their apparent need for "new investors?" This could either be negative or positive.
My guess is that since they have such a low amount of large fund investors they are wanting to attract that type of new investor. The new dividend and buyback program seems to support that. That might also explain why they do not want to do a stock split. Funds have money to pay big shares more so then retail investors. It also keeps the stock out of the range of some traders.
the shares are parabolic because the ipad changed the whole tablet game with that screen.. it is truly their incredible screen vs everyone else..they even put a nice camera in!!
the shares are parabolic because they are expanding more globally and even if china is not a perfect story it is a huge engine for them
the shares are parabolic because so far the Tim Cook era has demonstrated investors have nothing to fear..
the shares are parabolic because the enterprise market is just now starting to throw full support behind the apple closed system
as far as the dividend
They are basically saying they are going to plow their free cash flow back to shareholders, and if fcf increases the unspoken promise is more dividends to follow..
i'm keeping my 6/16 in the money calls, and if any of you need a loan talk to me mid april...
Therefore more suitable for long term holders of the shares. Less reason to sell any shares and potential new owners who can't or don't buy stocks without dividends.
How old do you have to be to get your first iPad? iPhone 12 anyone?
And then there is TV. Steady growth worldwide and increasing dividends not too mention plenty of naysayers -- what's not to like.
:-)
for the first time they care about us...heh
I saw another article that mentioned the fact the measured in dollars they are among the largest dividend payers in the US...
this has been my thesis since late last year...it was a lucky break that ipad was not only terrific, but much more than terrific...
you never know week to week what a stock is going to do, but apple will slowly grind upwards, and profit takers will be bought out by new investors looking to enhance growth in their yield oriented portfolios
In relation to the buyback program, It seems there are no bargains in market for AAPL, so the best business for them is buy more AAPL.
Last September I read in an article “about two-thirds of Apple’s cash is held overseas; the company might be more inclined to give some of it back to holders if Congress were to reduce the tax on corporate cash repatriation”. Does it have any relation with this news?