Welcome to John Ransom’s Stocks in the News where the headline meets the trendline:
Stock Number One is:
Name: Apple Inc. (AAPL) --
and the headline says:
Apple Seen Raising Dividend More Than 50% to $16 Billion (Bloomberg)
Wall Street analysts are expecting Apple Inc. to raise its quarterly dividend to about $4.14, or a yield of 3.75%. This increase would easily be funded out of cash flow.
The stock price has been hemorrhaging since it became clear that earnings growth has ground to a halt. Earnings per share are projected...