Apple (AAPL) to Periodically Review Dividend Payments, Wants to Leave Room for Strategic Opportunities
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Price: $309.35 -0.63%
Financial Fact:
Provision for income taxes: 3.17B
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Provision for income taxes: 3.17B
Today's EPS Names:
BTTX, VAXX, ELYS, More
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On the conference call, an analyst asked Apple (Nasdaq: AAPL) execs about dividend growth. CFO Peter Oppenheimer said the company will periodically review dividend payments with the Board but that he expects payouts to be over $10 billion a year moving forward. Oppenheimer suggested Apple will maintain a large cash hoard in order to take advantage of strategic opportunities which may arise.
Apple shares last traded at $594.90, up 1.6 percent from Friday's closing price.
Apple shares last traded at $594.90, up 1.6 percent from Friday's closing price.
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