By Steven Russolillo
At least one analyst doesn’t think Apple Inc. is going to join the special-dividend frenzy.
Several smaller companies and some large caps have paid big one-time payouts or moved up dividend payments before higher taxes have a chance to kick in. But when it comes to Apple — the biggest company on the planet — Deutsche Bank says such a development would be “welcome but unlikely.”
“Despite the wishes of many investors, the probability of a special Apple dividend appears low,” says Chris Whitmore, a research analyst at Deutsche Bank . “We believe the company is more focused on building a track record of predictable dividend growth (vs. a one-time lump payment) and share buybacks.
Read the full story on The WSJ’s MarketBeat blog.
Related: Tech Stocks…Now With Dividends
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