Do managers want a bite of Apple after dividend move?

As Apple announces it will pay a dividend for the first time since 1995, analysts and investors give their views on the landmark move by the tech giant.

The firm said it will deploy some of its $98bn cash pile to return value to shareholders, paying a quarterly dividend of $2.65 a share from the fourth quarter of its fiscal year, which begins in July. Apple's board has also approved a $10bn share buyback scheme which will begin in 2013. Stephen Bailey, co-manager, Walker Crips UK Equity Income fund “The $10bn share buyback programme will reduce the amount of shares per issue and enhance the earnings per share. The most successful example of this is IBM. It seems like a sensible thing for Apple to do. It is sitting on a huge pile of ...