Later today, Apple will pay a dividend to its shareholders for the second time in 17 years. You’ll remember Apple announced its intention to pay a dividend “sometime in the 4th quarter of fiscal year 2012” last March.
The company stated it will pay its shareholders a US$2.65 per share dividend. Apple is expected to distribute just about $2.5 billion from its 935 million outstanding shares. That’s enough to swim through a room full of gold coins.
Meanwhile, Apple continues to earn cash at an alarming rate. Congratulations to Apple and its shareholders.
Apple to pay $2.5 billion dividend to shareholders today originally appeared on TUAW – The Unofficial Apple Weblog on Thu, 15 Nov 2012 10:00:00 EST. Please see our terms for use of feeds.