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Apple sparks renewed interest in dividend-paying stocks

Apple sparks renewed interest in dividend-paying stocks

Apple made headlines again last week, but this time they weren't entirely about the new iPad. The tech behemoth announced that it would start paying a quarterly dividend worth $2.65 per share beginning in July. That amounts to nearly $10 billion to be paid out in the first year alone. "Apple is the leader here," says Howard Silverblatt, senior index analyst with Standard & Poor's, who adds that the company will put pressure on other technology firms to start paying dividends. Dividends usually are awarded by well-established companies that no longer need every dollar to grow. But dividends fell out of favor in the bull market of the 1990s, when investors cared more...

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