According to a new report this morning, Apple is considering a stock split that could add the company to the Dow Jones Industrial Average. Sanford C. Bernstein & Co predicts that Apple’s decision to issue its first dividend in 17 years to shareholders makes now a perfect time for the stock split.
Apple is currently in the NASDAQ index, but given the incredible financial success the Cupertino company has seen over the past decade, it makes perfect sense to move to the Dow Jones.