Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Why Apple Won't Pay a Special Dividend

Details

  • Description

    FBN's Shibani Joshi breaks down why Apple won't pay an extra dividend.

  • Duration 1:55
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Strong.

So it's Limited Brands and TD Ameritrade -- in the latest companies on this growing list that we talk about it.

The companies issuing special dividends before the end of the year there's one though that you will not see on the list should.

On a Joshi serious talk about just -- with more than dad.

Okay it's a company that marches to the beat of its own drowned in the company -- talking about people spending -- hundreds of dollars each year on the gadgets that they make but Christmas as we know have come has come early.

For a lot of it investors on Wall Street this year over 360.

Companies -- different types and sizes.

And industries had issued a special or accelerated dividend means including -- well Costco Disney -- -- name a few.

But you can bet that one company will not be joining at this list and that company.

Is apple now the company can certainly -- you pay out to an increase dividends certainly an extra dividend this year.

It's sitting on a 121 billion dollars in cash and that number it's cash balances.

He's going to doubled to 250 billion by 2015 but the majority of this cash we're talking.

About 70%.

Of its cash balances is being held -- brides and ordered to pay out -- it would have to repatriate.

They cash and that would incur at tax probably not likely for this company so it seems instead.

Many investors and it's gonna be at have to be happy with all their latest gadgets -- the company releases and of course.

This stock price appreciation.

-- stock has done pretty well this year a lot of volatility as we all know.

Down about 17% in the last three months but year to date the stock price -- in pretty good.

Up 34%.

In as you both know the company also reinstated dividend two dollars and 65 cents per share this year as a first time.

They done that since 1995 so you gotta take what you can get when it comes apple -- said she Bonnie thank you so much money guys let's.

Load More