Bloomberg’s Dominic Chu looks at the prospect of Apple using its cash to join the wave of companies paying one-time special dividends to avoid tax changes in 2013.
He speaks on Bloomberg Television’s “In The Loop.”
The company is a cash machine. That’s cash that belongs to the shareholders of Apple. so the question is… will Apple pay that special one time dividend? Well, analyst Chris Whitmore over at Deutsche Bank says don’t hold your breath… But… over 3 dozen companies in the Russell 300 have announced special one-time payments just this quarter alone.
Direct link to the video here.
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