Apple (Nasdaq:AAPL) released the worlds smallest earnings release in relation to the global scale of Apple. In about one page plus financials the earnings release explained one of the largest enterprises that bestrides the planet. Basically you have to listen to the conference call and then read the transcript very carefully.
Now that Apple is a dividend paying stock please note the dividend hang time. In the release they announce the Board of Directors has approved a quarterly dividend of $2.65 @ share. The dividend is payable on Thursday Aug 16, 2012 to shareholders of record Monday Aug 13, 2012. The dividend was declared today Tuesday July 24, 2012 a full twenty (20) days in advance of the record date.
Apple has become a dividend paying stock. Many investors still have not fully internalized this profound change. The hang time will help keep the stock value up as investors are paid to wait. Any significant dips allow sharp traders to take advantage of ex-dividend valuations.
George Gutowski writes from a caveat emptor perspective.
- Apple: Future Dividend King? (seekingalpha.com)
- Will Apple Become The Greatest Dividend Growth Stock Of All Time? (seekingalpha.com)
- Apple’s Dividend Will Drive Shares Higher This Quarter And Beyond (seekingalpha.com)