Apple Announces 7 For 1 Stock Split, Boosts Its Dividend 8%, Adds $30B To Its Buyback Program

As part of its earnings cycle today, Apple announced that it will increase its dividend 8 percent, add $30 billion to its share buyback program current to a total of $90 billion, and split its stock 7 for 1 in June. The company's dividend will also now rise yearly. Apple is incredibly cash-rich, and has been under pressure to utilize its vast financial resources to reward its investors.… Read More