simpleton22's comments

simpleton22 | 12 years ago | on: Apple Announces 7 For 1 Stock Split

I can't speak for Mr. Cook, but I wished to myself "please split AAPL" just the other day.

I hold AAPL and I would like to let my dividends roll over via a DRIP managed by my broker. But at current prices, yield, and dividend frequency ($525, 2.3%, quarterly) I would need to hold $90k of AAPL for a dividend payment to buy a single share -- a bit rich for me. But after the split, that number goes down to $13k.

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