Sacconaghi: Apple won’t boost its dividend until after April 23

Bernstein's Apple analyst says investors are expecting the equivalent of a 4.5% yield

FORTUNE -- According to Bernstein Research's Toni Sacconaghi, Apple's (AAPL) top brass has been holding "widespread discussions" with key investors to get input on its plans to return more of its $137.1 billion cash hoard to shareholders.

Sacconaghi has been debriefing those investors and now...

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