$81 a post-split share then, much more reasonable.
Apple will now pay out around $11 billion in yearly dividend payments.
The company’s dividend will also now rise yearly.
That won't stop the anti-Apple anat-lysts from finding the dark cloud in the silver lining. . .
I can see the headlines now! “Apple stock plummets to $81 per share in bloodbath following split!” They’ll ignore that the fact that the split one share which was worth only around $530 is now SEVEN SHARES trading at around $81 or so EACH with a combined net value of $560. . . because more small investors can demand to buy shares and drive the price up from there!