Apple's dividend heralds 'changing of the guard'

A dividend from Apple, a deal for UPS and the promise of greater demand for US Steel drove those stocks to gains. The Dow Jones industrial average spent most of the morning in the red, then climbed to a gain shortly before noon.

News that Apple will start using its enormous cash pile to pay a quarterly dividend to shareholders was greeted positively by analysts and investors Monday. The technology powerhouse, which released the latest version of its

By David K. Randall NEW YORK, March 19 (Reuters) – Apple isn't the only prominent company that analysts have tagged as a potential source of dividend payouts. Investors can target the sweet spot of reliable income and share price gains by buying

By David K. Randall NEW YORK, March 19 (Reuters) – Apple isn't the only prominent company that analysts have tagged as a potential source of dividend payouts. Investors can target the sweet spot of reliable income and share price gains by buying

In the biggest break from Jobs' philosophy since Cook succeeded him as CEO seven months ago, Apple is dipping into its nearly $100 billion cash stash to start paying a quarterly dividend of $2.65 per share to its stockholders.