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Apple CEO Cook gives up $75M in stock dividends

Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees....

 

Apple, for the first time, will pay dividends to investors

Apple Cash

Apple, one of the world’s richest companies, will reward investors with a dividend- and share-purchase program totaling $45 billion over three years, the company said Monday. In a departure from the direction of late chief executive Steve Jobs, Apple will significantly draw from its massive $98 billion cash war chest to initiate a quarterly dividend of $2.65 per share sometime in the fiscal quarter beginning July 1.

 

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