Apple (AAPL) said its board declared a cash dividend of 26c per share of the company’s common stock, an increase of 4%. The dividend is payable on May 15, to shareholders of record as of the close of business on May 12. The board also authorized an additional program to repurchase up to $100B of the company’s common stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Notable companies reporting after market close
- Tarrifs in focus as Apple follows up ‘best quarter ever’
- Dow Jones Index Today: Microsoft Leads a Stock Market Rally Thanks to Q1 Earnings Beats
- ‘Get Out Ahead of Earnings,’ Says Barclays About Apple Stock
- ‘This Court Ruling Could Cost It Billions,’ Says BofA about Apple (AAPL)