Apple (AAPL) Tops Q2 EPS by 29c, Revs Beat; Raises Dividend/Buyback

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Apple (AAPL) PT Lowered to $325 at Cascend Securities

May 1, 2020 6:53 AM EDT

Cascend Securities lowered its price target on Apple (NASDAQ: AAPL) to $325.00 (from $350.00) while maintaining a Buy rating.

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Apple (AAPL) Raises Quarterly Dividend 6.5% to $0.82; Raises Buyback by $50B

April 30, 2020 4:34 PM EDT

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.82 per share, or $3.28 annualized. This is a 6.5% increase from the prior dividend of $0.77. The dividend will be payable on May 14, 2020, to stockholders of record on May 11, 2020, with an ex-dividend date of May 8, 2020. The annual yield... More