Apple (AAPL) Considers Stock Split, Enabling Addition to Dow Jones Industrial Avg - Bernstein

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Wall Street firm, Sanford Bernstein, reports that Apple (Nasdaq: AAPL) could be considering a stock split, which would enable the company to be added to the Dow Jones Industrial Average (DJIA).

Analyst, Toni Sacconaghi, noted that Apple's recent decision to pay out dividends also makes the company more likely to be added to the DJIA. Currently, AAPL is the only company with a market cap of over $215 billion that pays a dividend that isn't in the Dow.

Currently, Bernstein has an Outperform rating on share.

To see more ratings on AAPL, Click Here

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