Apple Increases Stock Buyback, Plans 7-For-1 Split; Shares Surge After-HoursApple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.
Apple To Dole Out $100B To Shareholders; Earnings Outlook WeakerApple is finally opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders over two years.
Wells Fargo Raising Quarterly DividendThe nation's biggest U.S. mortgage lender, based in San Francisco, said Tuesday that its next dividend is payable June 1 to shareholders of record on May 10.
Apple CEO Cook Gives Up $75M In Stock DividendsApple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.
Apple Shares Close At $601 After Dividend, Stock Buyback AnnouncementApple’s stock has closed above $600 for the first time, the same day the company announced plans to reward its shareholders with a dividend and a share buyback program.
Apple Set To Decide Fate Of $100B Cash ReserveApple will hold a conference call Monday morning to discuss its nearly $100 billion cash balance, the company announced Sunday afternoon.
Electronic Arts Posts Higher 4Q Earnings, RevenueElectronic Arts said Wednesday that its quarterly earnings rose fivefold on strong revenue from online games and titles including “Crysis 2” and “Dragon Age 2.” But its outlook disappointed investors, sending shares lower after-hours.
Cisco Announces First-Ever Cash DividendCisco reported its first-ever cash dividend will amount to 6 cents per share and will be paid on April 20.
Santa Clara-Based Intel Raising Dividend By 15 PercentIntel, the big chip maker, said Friday that it will raise its dividend by 15 percent, providing welcome a note of optimism after network gear maker Cisco Systems Inc. helped drive stocks lower this week with a disappointing sales forecast.
Cisco To Start Paying Dividend By Next SummerCisco Systems Inc., the world's largest maker of computer-networking gear, said Tuesday that it would pay its first dividend by July, the end of its current fiscal year. Like several other big technology companies, Cisco has a large cash balance, and analysts have speculated that it would use it for a dividend.