Want to join the conversation?
Tire maker $GT's Board of Directors has increased the quarterly dividend on common stock from $0.06 to $0.07 per share. This 17% dividend increase represents an annual rate of $0.25 per share for 2015 and $0.28 per share for 2016. The dividend is payable on Dec. 1, 2015 to shareholders of record on Nov. 2, 2015.
Apple ($AAPL) reported decline in sales and profits from comparable quarter last year, attributing the decline to announcement of iPhone 7/7s. Sales and profit are being guided higher for next quarter. Apple is a solid company and will continue to dominate tech and consumer electronics segment for a while. Personally, looks like there is little downside in this investment.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."