Here are real news details of a dividend payable to Feb 11 shareholders. Hope you weren't short that day!!!
Many more catalysts coming. This should drive us up nicely tomorrow!!! Apple (NASDAQ:AAPL) is set to pay out its third dividend sum to shareholders on Friday. The company is scheduled to distribute about $2.5 billion at $2.65 per share across its 939 million outstanding shares. Shareholders on record as of February 11 will receive payment.
The company also decided to start buying back stock from board members and other executives of the company.
Apple is one of the highest dividend payers in the U.S. in absolute terms, its cash position is worth $137 billion at the end of December.
Some experts believe an announcement of a dividend increase can help resurrect the company’s share price, proving to be the catalyst it has sorely lacked over the past few months…