Should You Take a Bite into Apple?

Over the last year I saw a few articles and posts around the web with the big question, “Will Apple Pay a Dividend?”  Back then Apple was around $325 USD per share. Coincidentally on March 19th, the very day Apple (AAPL) announced their dividend, staff writer Hank Coleman asked the question why  Dividend Fund Managers Are Buying Apple? Apple’s new dividend has been a blessing in disguise, since the dividend now comes along with a hefty share price. Regardless of whether you love Apple products or not, or view Apple as a leading and profitable company for years to come, the …

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Dividend Fund Managers Are Buying Apple?

written by Hank Coleman Mutual fund managers are getting confused. It seems like more fund managers are deviating from their fund’s stated focus and suffering from style drift in order to own one of the hottest stocks of the past decade. More than 40 dividend funds have recently bought shares of Apple even though the company does not yet issue a dividend. Even mutual funds that focus on small companies have gotten into the act. Over 50 small capitalization and mid-cap mutual funds have bought shares of Apple stock even though the company’s ballooning share price has made it the …

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