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|Apple To Share Some of Its Cash Mountain, $45 Billion, Over 3-Years|
| 5:39 pm on Mar 19, 2012 (gmt 0)|
Apple To Share Some of Its Cash Mountain, $45 Billion, Over 3-Years [bbc.co.uk]
|Apple has said it will use its cash to start paying a dividend to shareholders and to buy back some of its shares. |
The technology giant said it would pay a quarterly dividend of $2.65 per share from July.
It will buy back up to $10bn (£6.3bn) of its own shares starting in the company's next financial year, which begins on 30 September 2012.
At the end of last year, Apple revealed it had $97.6bn in cash. It expects to use $45bn over the next three years.
Now, where did I put that share certificate!
| 10:47 pm on Mar 19, 2012 (gmt 0)|
Whoaaa...nice yield. .004%
| 1:12 pm on Mar 20, 2012 (gmt 0)|
well ist 1.77 which is a bkt crap as VOda is paying out more in absolute terms.
Also the sahre by backs disguise delution in favor of the employees
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