Apple Stock Dividends: Munster says Apple will Boost Dividends to $14/share

Apple Stock Dividends: If you are interested in what is going on in the world of Apple Inc. (NASDAQ:AAPL), you don’t have to look any further than Gene Munster of Piper Jaffray. While he is not the only analyst out there who is keeping a close watch on the Cupertino-based company, he is typically first to the party with breaking news and future predictions.

Apple Inc. (NASDAQ:AAPL) may be the smart money’s second favorite publicly traded company but hedge funds have started dumping the Cupertino-based company in favor of a surprising financial stock (see which stock hedge funds are buying like crazy).

According to a recent article by Business Insider, Munster is joining a host of other analysts who are lowering “expectations for its next two quarters.”

While we will get into the finer details in a bit, one of the most important details is Munster’s belief that Apple Inc. (NASDAQ:AAPL) will only bump its dividend from $10.60 to $14, a relatively small increase.

In addition to Munster putting this information out there, Jim Cramer has been discussing much of the same on CNBC for most of the morning.

Now that we have that out of the way, let’s take a closer look at three other important bits of information from Munster per Business Insider:

“He is calling for $41.4 billion in review for the March quarter, which lower than the street estimates of $42.8 billion.”

“He’s calling for 35.5 million iPhones, which is in line with buy side expectations. He thinks the Street is at 37 million iPhones.”

“He has a gross margin of 38 percent, while the Street is at 39 to 40 percent.”

If you are unsure of what Munster brings to the table in terms of knowledge and predictions, you may want to check out two past pieces – here and here – that we published over the last month.

In addition to the above information issued to investors, Munster also solidified his overweight rating and $767 price target.

On the surface, all of this information doesn’t look too good for Apple Inc. (NASDAQ:AAPL). However, Munster doesn’t feel that everything is doom and gloom for the tech giant. He believes that investors will be able to see past its current struggles, focusing on a second half of 2013 that could include new iPhone and iPad models along with the potential for a television or smart watch.

Do you agree with this information from Munster? Share your thoughts in the comment section below.

Check back here for more updates on Apple Stock Dividends.

DISCLOSURE: I have no positions in any stock mentioned.

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