Apple to pay $2.65 per share dividend and buyback stocks


Apple Inc.

Apple Inc. (Photo credit: marcopako )

This is very good for the market:

http://www.reuters.com/article/2012/03/19/us-apple-idUSBRE82F03N20120319

Apple Inc will start paying a regular quarterly dividend of $2.65 a share in July and buy back up to $10 billion of its stock beginning in the next fiscal year, the world’s most valuable company said on Monday.

The company expects the share buyback program to run over three years, with the primary objective to offset the impact of employee stock options and equity grants.

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About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Blogcritics.org. Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on March 19, 2012, in Government Trough and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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