“The ex-dividend date for Apple (AAPL) is tomorrow, May 9, 2013,” TheStreet reports. “Owners of shares as of market close today will be eligible for a dividend of $3.05 per share. At a price of $458.99 as of 9:30 a.m. ET, the dividend yield is 2.6%.”
“TheStreet Ratings rates Apple as a buy,” TheStreet reports. “The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.”
Read more in the full article here.