Apple (NASDAQ:AAPL) Pose to Lift Dividend; Stock Hikes

Apple Inc (NASDAQ:AAPL) is poised to lift its dividend by over 50%, as said by analysts polled by Bloomberg, offering investors hit by a sharp drop with one of the biggest yields in the United States technology industry.

The Cupertino, California based Apple will possibly boost its quarterly dividend 56% to $4.14 per share, for a yearly payout of $15.7 billion, according to median forecast from 6 analysts.

The resulting yield of 3.6% would be over 84% of the firms in the Standard & Poor’s 500 Index paying dividends.

Piper Jaffray Cos analysts Gene Munster said that Apple could support a payout with existing cash flow without using profit from overseas.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Microsoft Corporation (NASDAQ:MSFT) rose +0.21% to settle at $28.10, Intel Corporation (NASDAQ:INTC) moved down -0.54% to end at $21.26 while Silicon Graphics International Corp (NASDAQ:SGI) jumped +1.62% to finish at $15.07 on Monday.
Apple Inc. (NASDAQ:AAPL) last session’s volume of 21.65 million shares was surprisingly higher than its average volume of 17.54 million shares. The stock after opening at $455.72 hit high price of $455.72 and then closed at $455.72 by scoring +2.72%.

The liquidity measure in recent quarter results of the company was recorded 1.54 as current ratio. The Company had total cash of $39.82 billion at hand and a book value per share as $135.62 in the most recent quarter.

The stock’s price volatility was 2.21% for a week and 2.26% for a month as well as price volatility’s Average True Range for 14 days was 11.04 and its beta remained at 1.04.

AAPL generated revenue of $164.69 billion in the previous twelve months and earned $41.75 billion. The Company showed a positive 25.35% in the net profit margin as well as in its operating margin which remained at 33.46%. Company’s annual sales growth for the past five years was 44.81%.

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