Dividend Funds May Have Already Started To Move Into Apple (AAPL) and Out of Tech Peers

In what may be an obvious sign that dividend funds have already strated moving money into Apple (Nasdaq: AAPL) and out of dividend-paying technology peers, shareholders should note of today's stock action:

• Microsoft (Nasdaq: MSFT) down 0.8%
  
• Intel (Nasdaq: INTC) down 0.2%
  
• Oracle (Nasdaq: ORCL) down 0.5%
  
• IBM (NYSE: IBM) up 0.01%

Meanwhile, shares of Apple (Nasdaq: AAPL) are up 2%. Some theorize this could create a feeding frenzy in the stock.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Cincinnati Financial (CINF) Declares $0.94 Quarterly Dividend; 2.2% Yield
• LCNB Corp (LCNB) Declares $0.22 Quarterly Dividend; 4.5% Yield
• Medtronic (MDT) Declares $0.72 Quarterly Dividend; 3.1% Yield