Apple has come a long way since 1995.  The company is one of the most valuable companies in the world.  Apple is hitting record profit numbers and has an estimated $98 billion dollars in cash sitting around.  Apple, under Steve Jobs and then Tim Cook, is living the high life and now it looks as if their stockholders are going to get a little reward for their patience and participation.  Apple may pay dividends to its stock holders for the first time since 1995.

With Apple stock closing at $585.57 on Friday and hitting $600 a few hours before that, now’s the time for Apple to pay out to customers.  However, I can understand their reticence to do that.  Shortly after Apple paid out that dividend in ’95, the company closed out 1996 by posting an $816 million dollar loss.  That might be a good reason not to give in to investor demands to pay back a little of those record profits.

Apple’s dividend could be as high as $14.65 per share, assuming the company actually pays out rather than organizing a buy-back.  Either way, expect the move to cause Apple’s stock prices to spike even higher.

Tags: tim cook, apple, apple computers, apple to pay first dividend since 1995, dividends, apple sitting on billion in cash, apple to pay dividend on stock, stock market, apple stock, unusual news, business news, apple profits, apple to reward investors, stocks, apple to pay stock holders

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