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Dividend-Paying Apple May Tempt Investors Today

Dividend-Paying Apple May Tempt Investors Today

Apple Inc. (Nasdaq: AAPL) offers a dividend yield of 2.4%, has fallen in price more than 8% so far this year and later this month will pay a dividend to shareholders of record today. The company that makes the popular iPhone and iPad products goes ex-dividend Thursday, giving investors interested in the stock to consider buying shares today. The company’s share price actually is up roughly 1 percent to trade at $514.40 at 1:20 p.m. EST. The uptick shows investors do not seem to be worried about today’s court decision in Germany that Apple faces a claim of $2.1 billion in damages from a German patent owner that alleges its cellular phone technology was infringed by the American tech giant. IPCom GmbH accuses Apple of using a patent for technology that gives emergency calls priority on mobile networks, even though IPCom obtained the patent in 2007 from Robert Bosch GmbH, a German automotive-parts company. The claim only pertains to Apple’s alleged infringement involving devices sold in Germany.

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Apple Inc. (Nasdaq: AAPL) offers a dividend yield of 2.4%, has fallen in price more than 8% so far this year and later this month will pay a dividend to shareholders of record today.

archive

Dividend-Paying Apple May Tempt Investors Today

Apple Inc. (Nasdaq: AAPL) offers a dividend yield of 2.4%, has fallen in price more than 8% so far this year and later this month will pay a dividend to shareholders of record today.

Dividend-Paying Apple May Tempt Investors Today

Apple Inc. (Nasdaq: AAPL) offers a dividend yield of 2.4%, has fallen in price more than 8% so far this year and later this month will pay a dividend to shareholders of record today. The company that makes the popular iPhone and iPad products goes ex-dividend Thursday, giving investors interested in the stock to consider buying shares today. The company’s share price actually is up roughly 1 percent to trade at $514.40 at 1:20 p.m. EST. The uptick shows investors do not seem to be worried about today’s court decision in Germany that Apple faces a claim of $2.1 billion in damages from a German patent owner that alleges its cellular phone technology was infringed by the American tech giant. IPCom GmbH accuses Apple of using a patent for technology that gives emergency calls priority on mobile networks, even though IPCom obtained the patent in 2007 from Robert Bosch GmbH, a German automotive-parts company. The claim only pertains to Apple’s alleged infringement involving devices sold in Germany.

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Written By

Paul Dykewicz is the editorial director of the Financial Publications Group at Eagle Publishing Inc., www.eaglepub.com, of Washington, D.C. Eagle publishes five free, e-letters, 10 weekly trading services and five monthly investment newsletters, Forecasts & Strategies, Successful Investing, Cash Machine, Growth & Dividend Report and The Alpha Investor Letter. He also is the editor of Eagle Daily Investor and the author of the inspirational book, "Holy Smokes! Golden Guidance from Notre Dame's Championship Chaplain."

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