Dividends4Life: Apple Dividend Coming?

Apple Dividend Coming?

Posted by D4L | Wednesday, November 09, 2011 | | 0 comments »

Will Apple(AAPL_) finally relent and share its huge cash reserves with its shareholders? Karen Finerman, who's been on a crusade to get Apple to return some of the $80 billion to shareholders in the form of a dividend or buyback, suggested giving way even $20 billion would not tie Apple's hands.

Peter Misek, an analyst with Jefferies & Co., said he expects Apple to announce a dividend or buyback by the end of next year. He said Apple's cash reserves would have grown by then to $120 billion. "It's so big they can't spend it fast enough."

Source: The Street

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