How to Trade an Apple Dividend Increase

NEW YORK (TheStreet) -- During its last earnings report, Apple said it would "announce an update" to its dividend program during today's earnings announcement. The question is, will that "update" be an increase?  Shareholders love dividend hikes. They imply strength and convey to investors that earnings and cash flow will be strong in the near and long term. Among all the potential dividend hikes expected this year, Apple's is the most highly anticipated. With a rock solid balance sheet and eno...