What happened to the respect Americans used to have for one another in the workplace, in the media and, especially, for those fellow Americans in higher office? That respect seems to be on the decline…or, maybe it is more like a screeching slide downhill. Congressman Doug Lamborn (R-Colorado) actually used the term "tar baby" in the same sentence when referring to President Obama-the President of the United States of America! Regardless of one's work environment or if one works for a nonprofit or a for-profit organization, such language is generally not tolerated in the workplace. It is not tolerated on the FLOOR of the House.
The stock pays a dividend yield of 4.7% on a payout ratio of 57%. Its dividend grew at an average annual rate of 6.7% over the past five years. The stock has a P/E of 13.0, below the average ratio for its respective industry of 21.6x. People have gone a little crazy here. At this valuation Apple is being like it will never grow again. It is very odd.
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