It’s been a great year so far for Apple and their investors, with the company continuing to perform very well financially, and announcing their first investor dividend in 17 years. Apple’s successful run isn’t likely to end soon, either, with multiple product launches reportedly on track for the second half of the year.
According to Sanford C. Bernstein analyst Toni Sacconaghi (via The Telegraph, Bloomberg), things are about to get even sweeter for investors, as the company may be considering a stock split, and could soon join the Dow Jones Industrial Average!
“We see the timing as ripe,” analyst Toni Sacconaghi said. “Apple’s initiation of a dividend brings the company in line with all other Dow components. We note that Apple is currently the only company above $215bn in market cap that pays a dividend and is not included in the Dow.”
A stock split would likely be a very lucrative move for Apple – it would reduce share prices, making it a more affordable option for prospective investors while leaving its value intact. It would also make investing in AAPL seem more appealing compared to its competition.
Sacconaghi’s claims aren’t any sort of confirmation, of course – but both moves would make sense for Apple. And if the company does in fact decide to take on both moves, current investors would likely see a nice jump in stock value as Apple gets some extra market attention.
