Pages

Ads 468x60px

March 19, 2012

Apple to spend cash on dividends and share repurchases

The speculation is over. Apple has announced that it will give a quarterly dividend of US$2.65/share starting from fourth quarter of 2012 (September quarter). The company will also use US$10bn for share repurchases.

Combined the dividend and the share buyback will involve an expenditure of US$22.4bn till Sep 2013.

Let consider what impact this will have on Apple by Sep 2013.