Howdy.
For those who follow Apple financials, stock price, and dividends, two
days ago Apple reported quarterly results and surprised everybody with
a roaringly good quarter
Apple stock just hit what I think is a big all-time high of $253.21 USD
per share. Up, at this hour, about $4.42 USD per share.
Apple dividend is 0.77 US cents per share for the quarter.
Apple wearables had a very good quarter.
Apple is at $1.441 Trillion USD for market capitalization (current
value of all outstanding shares). To compare Exxon-Mobile is at
$293.18 Billion USD for market cap.
Apple stock is traded on the US NASDAQ exchange but it has been
"indexed" on the Dow Jones Industrial Average. This Dow Jones is not
for stock trading but it is an index average of 30 companies and their
stock prices. The DJIA is almost the oldest index of all and is used
for understanding of market and financial performance. The DJIA was
first published in 1896.
A number of years ago Apple stock was trading at about $50 USD /
share. It then rose to about $735.00 / share and in June 2016 split 7
for 1. If you owned 10 shares of Apple in May 2016 at $735.00 USD per
share and it split 7 for 1, you then owned 70 shares but the stock
price also reduced in the same ratio.
Denver Dan
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