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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)

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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)

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Whoaaa...nice yield. .004%
1:12 pm on Mar 20, 2012 (gmt 0)

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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