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by mythz
2284 days ago
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It's well-known Apple has been moving towards a "net cash neutral" position for years, which is done with dividends or buy backs. Both return capital to share holders but dividends yields a negative impact to their Market Value since it's dispensing their profits outside of the company. AAPL is currently valued at a 20.38 P/E ratio, the lowest of all FAANG stocks, hardly overvalued. |
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