3 ETFs to Play the Apple Dividend Increase (TDIV, IYW, JKE)
Grab a piece of Apple's looming dividend hike with these ETFs
By Todd Shriber
Source: Investor Place
http://investorplace.com/2016/04/apple- ... xV7vvl96M8
“We no longer have a position in Apple,” Icahn told CNBC’s “Power Lunch”
He said he made roughly $2 billion on Apple, a stock he continued to tout as “cheap” despite his reservations.
Icahn said China’s attitude toward Apple largely drove him to exit his position.
1. Generated operating cash flow of $11.6 billion last quarter alone.
2. Infusing another $50 billion into its capital return program, and combine that with another $35 billion hike in the company’s share repurchase plans bringing the total to a mouth-watering $250 billion by March 2018.
3. Yield is now 2.37%, which beats 10-year bonds while also giving you growth that comes from owning the stock. Bonds will fall as rates rise as traders lose patience with the world’s central bankers.
3. Holds more than $200 billion in cash and has returned more than $163 billion to investors since August 2012.
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