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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Kelly G. who wrote (149703)	2/6/2013 2:24:42 PM
From: Moonray	5 Recommendations Read Replies (1) \| Respond to of 213181

Apple: Boost Shrs With Bigger Div, Says Legg Mason's Miller Eric Savitz, Forbes Staff - 2/06/2013 @ 2:07PM Apple‘s shares could rally as much as 50% if the company were to be more aggressive in paying out free cash flow to shareholders, Legg Mason portfolio manager Bill Miller proposed in an *interview with the Financial Times.* Miller proposes that Apple keep the $137 billion in cash it already has piled up and apply all future free cash flow into the company’s dividend. The company paid out about $2.5 billion in dividends to holders in the latest quarter, which is a respectable $10 billion annual rate. But the stock even after the recent slide in price the stock has a yield of just 2.4%. So, here’s the thing. In the September 2012 fiscal year, Apple boosted its cash position by a whopping $40 billion; in the December quarter the total increased another $16 billion. The stuff is stacking up to the ceiling and beyond. So imagine the company upped the pay out to, say, $30 billion, and the stock had a yield north of 7%. Think that would get some attention from investors? Oh, yes, it sure would. o~~~ O